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Karen takes an 8-year car loan of $50,000 at 2.14%, compounded monthly. If the payments are done at the end of each month, (a) make
Karen takes an 8-year car loan of $50,000 at 2.14%, compounded monthly. If the payments are done at the end of each month, (a) make a partial amortization table for the first 6 payments, and (b) Find the interest paid, principal portion and outstanding balance after two years of payments.
plz write either on ms word or copy whatever u want.
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