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You are considering taking out a loan of $9,000.00 that will be paid back over 12 years with quarterly payments of $272.92. If the interest
You are considering taking out a loan of $9,000.00 that will be paid back over 12 years with quarterly payments of $272.92. If the interest rate is 6.6% compounded quarterly, what would the unpaid balance be immediately after the twelfth payment?
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