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Yassine took a loan of $18,329.37. the rate of interest is 4% compounded annually. the loan is to be repaid by annual payments of $1,100

Yassine took a loan of $18,329.37. the rate of interest is 4% compounded annually. the loan is to be repaid by annual payments of $1,100 at the end of each year for 28 years.What is the outstanding balance of the laon after the third payment?

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