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You are considering taking out a loan of $8,000.00 that will be paid back over 12 years with monthly payments of $74.80. If the

You are considering taking out a loan of $8,000.00 that will be paid back over 12 years with monthly payments of $74.80. If the interest rate is 5.2% compounded monthly, what would the unpaid balance be immediately after the eleventh payment? The unpaid balance would be $ (Round to 2 decimal places.)

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