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Blended payments on a $2013 loan were $418 per month. Interest was charged at 9% per annum calculated on the monthly unpaid balance. Construct a
Blended payments on a $2013 loan were $418 per month. Interest was charged at 9% per annum calculated on the monthly unpaid balance. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid.
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