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Brandon received a loan of $32,000 at 5.25% compounded monthly. She had to make payments at the end of every month for a period of

Brandon received a loan of $32,000 at 5.25% compounded monthly. She had to make payments at the end of every month for a period of 5 years to settle the loan.

a.Calculate the size of payments.

Round to the nearest cent

b.Complete the partial amortization schedule, rounding the answers to the nearest cent.

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