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Aloan of $105,405.30 is to be amortized over a 5-year term at 12% interest compounded monthly with monthly payments and a $20,000 balloon payment at

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Aloan of $105,405.30 is to be amortized over a 5-year term at 12% interest compounded monthly with monthly payments and a $20,000 balloon payment at the end of the form. Calcite the monthly payment The monthly payment is (Do not round until the final rower. Then found to two deoimal places needed.) Enter you in the

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