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Mary purchased a new vehicle three years ago. She financed her car for 96 months (with payments made at the end of the month) with

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Mary purchased a new vehicle three years ago. She financed her car for 96 months (with payments made at the end of the month) with a loan at 3% per annum. Her monthly payments are $280 and she has just made the 36th monthly payment on the car. Assuming that she has repaid all on time, what is the outstanding principal balance on her car loan today

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