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A loan is repaid with payments of $2560 made at the end of each month for 13 years. If interest on the loan is 14.5%,
A loan is repaid with payments of $2560 made at the end of each month for 13 years. If interest on the loan is 14.5%, compounded semi-annually, what is the initial value of the loan? Enter to the nearest cent (two decimals). Do not use $ signs or commas
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