You are considering taking out a loan of $10,000.00 that will be paid back over 9 years with quarterly payments of $360.02. If the interest rate is 5.9% compounded quarterly, what would the unpaid...

Extracted text: You are considering taking out a loan of $10,000.00 that will be paid back over 9 years with quarterly payments of $360.02. If the interest rate is 5.9% compounded quarterly, what would the unpaid balance be immediately after the eleventh payment? The unpaid balance would be $ (Round to 2 decimal places.) Submit Question