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A Car Loan Amortization B D E F G H J Complete the loan amortization schedule for a car loan that will be repaid

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A Car Loan Amortization B D E F G H J Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The details about the loan are shown below): Correct Answers 1. What is your monthly payment? 2. What is the total $ amount of payments made over the life of the loan Enter Answers Here. Payment Beginning No. Balance Payment Amount Interest Paid Principle Paid Ending Balance Loan Input Data Principal Amount Annual Interest Rate Periods Per Year Total Number of Payments Percentage Rate Per Period Amount 1 $33,000.00 6.10% 2 3 12 4 60 5 6 7

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