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Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments

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Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments are made monthly Annual Interest Rate Payment 11.4% $424.93 Interest Paid $63.09 Paid on Principal $361.84 Balance $6,279.73 Fill out the amortization schedule below. Balance Annual Interest Payment Interest Rate Paid 11.4% $424.93 $63.09 $ $ (Round to the nearest cent as needed.) Paid on Principal $361.84 $ $6,279.73 $

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