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The required monthly payment on a five-year loan bearing interest of 4.73% compounded monthly is $523.09. What is the balance owed just after the 23rd

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The required monthly payment on a five-year loan bearing interest of 4.73% compounded monthly is $523.09. What is the balance owed just after the 23rd payment? $12,567.40 $11.480.22 $17,976.29 $20.792.84

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