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Question 3 of 6 Charles's student loan of $24,000 at 2.62% compounded quarterly was amortized over 5 years with payments made at the end of

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Question 3 of 6 Charles's student loan of $24,000 at 2.62% compounded quarterly was amortized over 5 years with payments made at the end of every month. What was the principal balance on the loan after 4 years? Full solutions should be shown on separate sheets of paper. Submit your solutions. $0.00 Round to the nearest cent

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