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You are considering taking out a loan of $6,000.00 that will be paid back over 8 years with monthly payments of $82.10. If the interest
You are considering taking out a loan of $6,000.00 that will be paid back over 8 years with monthly payments of $82.10. If the interest rate is 7.1% compounded monthly, what would the unpaid balance be immediately after the ninth payment? The unpaid balance would be $. (Round to 2 decimal places.)
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