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Mathematics, 29.04.2021 05:50 tot92

If the total amount of a loan, $56,000 is paid off in 7 years with an interest rate of 3.95%, compounded monthly, what was the principle rounded to the nearest cent?

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If the total amount of a loan, $56,000 is paid off in 7 years with an interest rate of 3.95%, compou...
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