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At t=0, you borrowed $10,000 at a stated rate of 8%. Your payments are due quarterly over 7 years, with the first payment due exactly

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At t=0, you borrowed $10,000 at a stated rate of 8%. Your payments are due quarterly over 7 years, with the first payment due exactly one quarter after you took out the loan. Your payment amount is $469.90 per period. If you have just made your 18' payment, what is your balance? (That is, what is your balance immediately after your 18 payment)

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