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Paige has taken out a loan for server equipment for her business totaling $ 1 4 , 0 0 0 . The loan will be

Paige has taken out a loan for server equipment for her business totaling $14,000. The loan will be repaid by making end of quarter payments of $439.47 for the next 9 years. If interest is 2.7% compounded monthly, find the balance on the loan at the end of the 2nd year? Enter a POSITIVE VALUE, rounded to two decimal places.
Balance at the end of the 2nd year: $

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