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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 +3%. Her current balance owing on November 1 is $14,000.00 and she is required to make interest-only payments on the first of every month. The prime rate is set at 3.75%. She makes one payment of $2,000.00 on January 19. 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 "-$149.63")
(Give all "Number of Days" quantities as fractions with denominator 365.)
\table[[Date,\table[[Balance],[before],[Transaction]],\table[[Annual],[Interest],[Rate]],\table[[Number],[of Days]],\table[[Interest],[Charged]],\table[[Accrued],[Interest]],\table[[Payment],[(+) or],[Advance],[(-)
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