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A person is amortizing a 6 0 - month loan of $ 5 4 , 0 0 0 for a new car. If interest is
A person is amortizing a month loan of $ for a new car. If interest is at the rate of compounded monthly, find
the monthly payment,
the interest in the first payment,
the principal repaid in the first payment
Put the $ with your answer.
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