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PLEASE DONT WRITE THIS IN EXCEL, PLEASE BY TYPING OR HANDWRITING, Thanks! 3. [10 marks) Taylor takes a 60-month loan. The interest is paid at

PLEASE DONT WRITE THIS IN EXCEL, PLEASE BY TYPING OR HANDWRITING, Thanks!

3. [10 marks) Taylor takes a 60-month loan. The interest is paid at i(12) = 3%. Each monthly payment P is $252.65. He missed the 14th and 30th payments. What is the outstanding loan balance after 3 years

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