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Ayra borrowed $10,000 for 8 years at an APR of 5.2 percent. The loan calls for equal monthly principal payments. Interest will also be paid

Ayra borrowed $10,000 for 8 years at an APR of 5.2 percent. The loan calls for equal monthly principal payments. Interest will also be paid annually. What will be her loan payment in the first month of Year 2?

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