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==> PLEASE ANSWER THE FOLLOWING QUESTION :- Your company has just taken out a 2-year installment loan for $33,855 at a nominal rate of 9%,
==> PLEASE ANSWER THE FOLLOWING QUESTION :-
Your company has just taken out a 2-year installment loan for $33,855 at a nominal rate of 9%, with equal end-of-month payments. What is your outstanding balance after your second payment is made (end of second month)? ** Round your answer to the nearest three decimals if needed. Do not type the $ symbol
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