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Upon graduation from college, Warren Roberge was able to defer payment on his 536,000 student loan for 6 months. Since the interest will no longer be paid on his behalf, it will be added to the principal until payments begin. If the interest is 6.38% compounded monthly, what will the principal amount be when he must begin repaying his loan?The principal amount will be S1 (Do not round until the final answer: Then round to the nearest cent as needed.)
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