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Angela's Running Store borrowed $12,000 on June 1st at a simple interest rate of 6%. Angela agreed to repay the loan with payments of $5,000

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Angela's Running Store borrowed $12,000 on June 1st at a simple interest rate of 6%. Angela agreed to repay the loan with payments of $5,000 on the first of every month. Make a loan repayment schedule for this loan. Make sure to include interest payments, principal repayments and the new balance for each payment

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