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Paul has taken out a loan for $5,000 at 8% APR with monthly payments of $156.68. How much of his first payment goes to pay

Paul has taken out a loan for $5,000 at 8% APR with monthly payments of $156.68.

How much of his first payment goes to pay the interest due?

How much of Paul's first payment goes towards

To answer this you need to setup the first row of the amortization table for this loan.

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