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Dejardines Financial has provided a $ 5 3 , 2 1 7 loan to Your Finished Inc. that earns interest at a rate of 6
Dejardines Financial has provided a $ loan to Your Finished Inc. that earns interest at a rate
of compounded monthly. The loan is to be paid back in equal payments at the end of each
month over a threeyear term. In addition to the amortization schedule, how much interest was
paid over the life of the loan?
Complete the amortization table for the years of the loan.
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