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= 48500 $5000 8500 0.1 6. Complete the table showing the amounts of each monthly payment that de toward principal and interest for the first

= 48500 $5000 8500 0.1 6. Complete the table showing the amounts of each monthly payment that de toward principal and interest for the first three months of the loan. A student loan of $24,000 at a fixed APR of 4% for 15 years. (4 points) Month Payment Interest Principal Balance 24,000 1 0723

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