Chad received a loan of $59,000 from the bank at 3.25% compounded monthly. If he had...
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Chad received a loan of $59,000 from the bank at 3.25% compounded monthly. If he had to repay $300 at the end of every month, what will be the principal balance at the end of 4 years? Round to the nearest cent Chad received a loan of $59,000 from the bank at 3.25% compounded monthly. If he had to repay $300 at the end of every month, what will be the principal balance at the end of 4 years? Round to the nearest cent
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