Gabriel has taken out a loan for server equipment for his business totaling $15,500. The loan will be repaid by making e

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Gabriel has taken out a loan for server equipment for his business totaling $15,500. The loan will be repaid by making e

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Gabriel Has Taken Out A Loan For Server Equipment For His Business Totaling 15 500 The Loan Will Be Repaid By Making E 1
Gabriel Has Taken Out A Loan For Server Equipment For His Business Totaling 15 500 The Loan Will Be Repaid By Making E 1 (28.65 KiB) Viewed 31 times
Gabriel has taken out a loan for server equipment for his business totaling $15,500. The loan will be repaid by making end of quarter payments of $413.09 for the next 12 years. If interest is 4.2% compounded monthly, find the balance on the loan at the end of the 3rd year? Enter a POSITIVE VALUE, rounded to two decimal places. Balance at the end of the 3rd year: $
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