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Tyler's student loan of $24,500 at 3.12% compounded quarterly was amortized over 3 years with payments made at the end of every month. What was

Tyler's student loan of $24,500 at 3.12% compounded quarterly was amortized over 3 years with payments made at the end of every month. What was the principal balance on the loan after 2 years? Round to the nearest cent

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