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Layout Document Elements Tables Charts SmartArt Review E : 3 Roman 12 R U BE A AaBbceDdEe 5. You have just purchased your Audi and

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Layout Document Elements Tables Charts SmartArt Review E : 3 Roman 12 R U BE A AaBbceDdEe 5. You have just purchased your Audi and taken out a $50,000 loan. The loan has a five year term with monthly payments and an APR of 6% (with monthly compounding). Calculate the monthly loan payments and complete an amortization schedule for this loan for the first six months (14 points) Monthly Payment Amortization Schedule Loan Payment Interest Month Beginning Balance Principal Payment payme Ending Balance Pages 11 of 18 Words 1051 of 2002 120%

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