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2.36 The initial balance of a loan is $20,000 and the in- terest rate is 1% per month (12% per year). A monthly payment of

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2.36 The initial balance of a loan is $20,000 and the in- terest rate is 1% per month (12% per year). A monthly payment of $200 is applied to the loan at the start of each month. Use convolution to calculate the loan balance after each monthly payment

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