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Consider a loan of $9000 with an APR of 9% and a loan term of 10 years. Construct a table showing the interest payment, amount
Consider a loan of $9000 with an APR of 9% and a loan term of 10 years. Construct a table showing the interest payment, amount going toward principal, and loan balance after the first two months. Use the fact that the monthly payments would be $114.01 for this loan. (Do not round until the final answer. Then round to the nearest cent as needed.)
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