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Nicole received a loan of $41,000 from the bank at 5.75% compounded monthly. If he had to repay $250 at the end of every month,

Nicole received a loan of $41,000 from the bank at 5.75% compounded monthly. If he had to repay $250 at the end of every month, what will be the principal balance at the end of 4 years?

Round to the nearest cent

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