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Eight years ago, you took out a loan for 100,000 at an interest rate of 12% compounded monthly. The loan was for 20 years,

Eight years ago, you took out a loan for 100,000 at an interest rate of 12% compounded monthly. The loan was for 20 years, and you make monthly payments of $1,101.09 each month. What is the current balance on the loan today?

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