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You are considering taking out a loan of $10,000.00 that will be paid back over 10 years with monthly payments of $108.03. If the interest

You are considering taking out a loan of $10,000.00 that will be paid back over 10 years with monthly payments of $108.03. If the interest rate is 5.4% compounded monthly, what would the remaining balance be immediately after the eleventh payment?.

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