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Nancy just bought a new car for $40,000. The loan is for $37,000, for 4 years with an APR of 6.5%. What are Nancy's annual

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Nancy just bought a new car for $40,000. The loan is for $37,000, for 4 years with an APR of 6.5%. What are Nancy's annual payments? Complete the below amortization schedule for the next 4 months? (all number are positive) Beginning Month Interest Principal Balance charge Portion of 1 Payment Payment Payment Ending Balance

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