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Tai consolidated her outstanding debt into a low-interest personal loan of $50,000 at a rate of 6% compounded monthly (312) for a term of 10

Tai consolidated her outstanding debt into a low-interest personal loan of $50,000 at a rate of 6% compounded monthly (312) for a term of 10 years. How much will she owe on her loan after 7 years of payments? When calculating her original payment, round it up to the next cent before proceeding to the balance calculation. Your

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