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Close Date: Sun, Dec 3, 2023 11:59 PM Question 1 of 6 Blake's student loan of $22,000 at 3.32% compounded quarterly was amortized over 3

image text in transcribed Close Date: Sun, Dec 3, 2023 11:59 PM Question 1 of 6 Blake's student loan of $22,000 at 3.32% compounded quarterly was amortized over 3 years with payments made at the end of every month. What was the principal balance on the loan after 1 year? Round to the nearest cent

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