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Langara Woodcraft borrowed money to purchase equipment. The loan is repaid by making payments of $1172.78 at the end of every six months over three

Langara Woodcraft borrowed money to purchase equipment. The loan is repaid by making payments of $1172.78 at the end of every six months over three years. If interest is 5.6% compounded annually, what was the original loan balance?

The original loan balance was $___

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