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Consider a 3-year installment loan. The APR is 5%. Monthly loan payments are $680. In the 18th month, the beginning balance is $14,000. How much

Consider a 3-year installment loan. The APR is 5%. Monthly loan payments are $680. In the 18th month, the beginning balance is $14,000. How much of the $680 payment that month would reduce the principal of the loan

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