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fast, will upvote A $10,000 loan is to be amortized in 10 equal monthly payments at an annual interest rate of 12% on the unpaid

fast, will upvote

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A $10,000 loan is to be amortized in 10 equal monthly payments at an annual interest rate of 12% on the unpaid balance. What is the interest due in the fourth month? (Round to the nearest dollar)

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