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Danielle had a loan of $102,000 and made payments of $3,250 at the end of every three months to settle it. If she received the

Danielle had a loan of $102,000 and made payments of $3,250 at the end of every three months to settle it. If she received the loan at 4.62% compounded quarterly, what was the balance of the loan at the end of four years?

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