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A company vehicle is being purchased for $55,000 and the business will put $5,000 down. If the company takes out a 5-year loan at 4%,
A company vehicle is being purchased for $55,000 and the business will put $5,000 down. If the company takes out a 5-year loan at 4%, what will the monthly principal and interest payment be? Create an amortization schedule.
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