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I need assistance learning how to calculate a balloon payment. I purchase a car for $93,500. Six-year loan with no money down and no monthly

I need assistance learning how to calculate a balloon payment.

I purchase a car for $93,500. Six-year loan with no money down and no monthly payments during the first year. After the first year, I will pay $1300 per month for five years, with a balloon payment at the end. The APR on the loan with monthly compounding is 5%. What will be the amount of the balloon payment six years from now?

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