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Consider the following monthly amortization schedule: Payment # Payment Interest Debt Payment Balance 1 9 9 6 . 4 5 7 5 0 . 0

Consider the following monthly amortization schedule:
Payment # Payment Interest Debt Payment Balance
1
996.45
750.00
216.45
149
,
783.55
2
996.45
748.92
217.53
149
,
566.02
3
996.45
With the exception of column one, all amounts are in dollars. Calculate x

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