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You are considering taking out a loan of $11,000.00 that will be paid back over 10 years with quarterly payments. If the interest rate is

You are considering taking out a loan of $11,000.00 that will be paid back over 10 years with quarterly payments. If the interest rate is 5.6% compounded quarterly, what would the unpaid balance be immediately after the thirteenth payment?

The Unpaid balance would be $ (Round to 2 decimal places.)

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