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An amortized loan has 12 payments at the end of each month. The first 8 payments are 800 each and the final 4 payments

An amortized loan has 12 payments at the end of each month. The first 8 payments are 800 each and the final 4 payments are 900 each. Interest is at a nominal annual rate of 12% compounded monthly. Find the initial loan amount.

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