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Alex borrowed $ 20,000 at monthly interest rate of 1%. The loan will be paid in 60 equal monthly instalments . Immediately after 30th payment

Alex borrowed $ 20,000 at monthly interest rate of 1%. The loan will be paid in 60 equal monthly instalments . Immediately after 30th payment Alex wants to pay the remainder of the loan in one instalment . Calculate hpw much should Alex pay?

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