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Janet applied for a loan from her credit union. The annual interest rate is 1 9 % . She plans to repay it over 6

Janet applied for a loan from her credit union. The annual interest rate is 19%. She plans to repay it over 6.5 years, paying $22800 monthly.
a) How much did Janet borrow?
b) Prepare the loan amortization schedule for the first year.
c) Compute the effective annual rate of the loan.
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