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Ali had a loan of $107,000 and made payments of $2,750 at the end of every month to settle it. If he received the loan

Ali had a loan of $107,000 and made payments of $2,750 at the end of every month to settle it. If he received the loan at 3.22% compounded monthly, what was the balance on the loan at the end of two years? Round to the nearest cent

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