Q$1$

Spectra Scientific of Santa Clara, California, manufactures Q$-$switched solid$-$state industrial lasers for LED substrate scribing and silicon wafer dicing. The company got a $$42$ million loan, amortized over a $4-$year period at $8\%$ per year interest.

Q$1-$A

What is the amount of the unrecovered balance immediately before the payment is made at the end year $1.($Enter your answer in dollars and not in millions.$)$

The amount of the unrecovered balance is $$45,360,000+-2\%.$