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You are considering taking out a loan of $8,000.00 that will be paid back over 8 years with monthly payments of $112.28. If the interest

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You are considering taking out a loan of $8,000.00 that will be paid back over 8 years with monthly payments of $112.28. If the interest rate is 7.8% compounded monthly, what would the unpaid balance be immediately after the ninth payment? Round answers to 2 decimal places. The unpaid balance would be $

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