A company currently owes $35,000 to a bank for a loan it took 4 years...
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Finance
A company currently owes $ to a bank for a loan it took years and months ago. The interest rate charged on the loan was compounded monthly. What was the original principal of the loan? Round to the nearest cent 
A company currently owes $ to a bank for a loan it took years and months ago. The interest rate charged on the loan was compounded monthly.
What was the original principal of the loan?
Round to the nearest cent
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