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A couple who borrow $70,000 for 30 years at 6%, compounded monthly, must make monthly payments of $419.69. (Round your answers to the nearest cent.)

A couple who borrow $70,000 for 30 years at 6%, compounded monthly, must make monthly payments of $419.69. (Round your answers to the nearest cent.)

Find their unpaid balance after 1 year.

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