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Gayle has a HELOC with MCAP Financial Corporation at an interest rate of prime + 3 % . Her current balance owing on November 1
Gayle has a HELOC with MCAP Financial Corporation at an interest rate of prime Her current balance owing on November is $ and she is required to make interestonly payments on the first of every month. The prime rate is set at She makes one payment of $ on January Create three months of her repayment schedule.
Round all monetary values to the nearest penny.
Use a minus sign before the dollar sign to denote a negative monetary value. For example, $
Give all "Number of Days" quantities as fractions with denominator
tableDatetableBalancebeforeTransactiontableAnnualInterestRatetableNumberof DaystableInterestChargedtablePaymentInterest orAdvance
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