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Q3 Carla borrowed $3,000 from the bank and agreed to make quarterly payments. The interest was 7% compounded monthly and the loan is amortized over
Q3 Carla borrowed $3,000 from the bank and agreed to make quarterly payments. The interest was 7% compounded monthly and the loan is amortized over 4 years, what is the amount of principal repaid in the 12th payment
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