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Calculate the balance owing on her loan after six years

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Reference no: EM132999110

Question - Leslie borrowed $25,000 at a rate of 6% compounded monthly (1'12) for a term of 10 years. Calculate the balance owing on her loan after 6 years. When calculating her original payment, round it up to the next cent before proceeding to the balance calculation.

Reference no: EM132999110

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