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You are to repaying a loan with 104 fortnightly repayments of $170.00, with the first repayment being one fortnight after you took out the loan.

You are to repaying a loan with 104 fortnightly repayments of $170.00, with the first repayment being one fortnight after you took out the loan. Interest is charged at j26 = 8.1120% p.a. Immediately after your 97th repayment, the Outstanding Principal is

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