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A loan is being amortized with payments at the end of each quarter for 25 years. If the amount of principal repaid in the third

A loan is being amortized with payments at the end of each quarter for 25 years. If the amount of principal repaid in the third payment is $100, find the total amount of principal repaid in the forty payments consisting of payments eleven through fifty. Interest is at the rate of 8% convertible quarterly.

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