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Elmo borrowed $25,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loan is to be repaid in equal monthly payments over

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Elmo borrowed $25,000 from the Statler & Waldorf Bank at 12% APR, compounded monthly. The loan is to be repaid in equal monthly payments over a 5 year period. (No statements required for this question. Just find the numbers asked for.) What is the unpaid principal after the 25th payment? Question 2 Part H: Provide the unpaid principal after the 25th period

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