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On August 1, 2018 Rebecka borrowed $21,000 on a personal line of credit that charges prime +4% interest. Her payments are fixed at $1,800 on

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On August 1, 2018 Rebecka borrowed $21,000 on a personal line of credit that charges prime +4% interest. Her payments are fixed at $1,800 on the last day of every month. Complete a repayment schedule for her first three payments if the prime rate is 7.50%. For full marks your answer should be rounded to the nearest cent. For simplicity, use rounded values for interest throughout the table. Date Balance before Transaction Annual Number Interest Accrued Payment (+) Principal Interest of Days Charged Interest Amount Rate Advance (-) or Balance after Transaction 0 Aug 1 Aug 31 Sep 30 Oct 31 0.00 0.00 0.00 0.00% 0.00% 0.00% 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0

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