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1 4 - point ) George bought a new car with a 4 . 1 % interest rate for 5 years. The loan amount is

14-point) George bought a new car with a 4.1% interest rate for 5 years. The loan amount is $35,000.
a. What is the monthly payment on the loan?
b. What is the total amount he will pay over the life of the loan?
c. How much interest will he pay over the life of the loan?
d. What is the interest portion of the 48\deg payment?
e. What is the balance after the 48\deg payment?
f. What is the interest portion of the first 12 payments?
g. What is the interest portion of the last 12 payments?

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