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You have borrowed $34,116 from a bank at an annual interest rate of 8% compounded monthly with an agreement to repay the loan in 54

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You have borrowed $34,116 from a bank at an annual interest rate of 8% compounded monthly with an agreement to repay the loan in 54 equal monthly installments. Immediately after the 27th payment, you have decided to pay the remainder of the loan in a single payment. What is the total amount that you must pay

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