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You are considering taking out a loan of $9,000.00 that will be paid back over 8 years with every 2 months payments of $238.78. If

You are considering taking out a loan of $9,000.00 that will be paid back over 8 years with every 2 months payments of $238.78. If the interest rate is 6.2% compounded every 2 months, what would the unpaid balance be immediately after the twelfth payment? Round answers to 2 decimal places.

The unpaid balance would be $

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