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Amortization Table: PMT = $600 per month, r = 2.7% cm, AF = $34,000 Principal Payment Interest Reduce Principal 1 $34,000 $600 2 $600 3

Amortization Table: PMT = $600 per month, r = 2.7% cm, AF = $34,000 Principal Payment Interest Reduce Principal 1 $34,000 $600 2 $600 3 $600 New Principal | 11 = 12 = E

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