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A borrower has a 5-year car loan for $15307 with an interest rate of 5% and monthly payments. If she wants to pay off the

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A borrower has a 5-year car loan for $15307 with an interest rate of 5% and monthly payments. If she wants to pay off the loan after 2 years, what would be the outstanding balance on the loan? A borrower takes out a 30-year mortgage loan for $357867 with an interest rate of 7% and monthly payments. What portion (dollar amount) of the first month's payment would be applied to interest

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