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Vanessa received a loan of $60,000 from the bank at 5.00% compounded monthly. If he had to repay $350 at the end of every month,
Vanessa received a loan of $60,000 from the bank at 5.00% compounded monthly. If he had to repay $350 at the end of every month, what will be the principal balance at the end of 4 years? Round to the nearest cent
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