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PLEASE READ THE QUESTION CAREFULLY*** There are 3 parts. Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments.

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PLEASE READ THE QUESTION CAREFULLY***
There are 3 parts.
Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, $5000; rate, 18%; time, eighteen months Fill out the amortization schedule below, assume monthly payments and round all values to the nearest cent. Payment Amount of Number Payment Interest Payment Applied to Principal Balance 1 $5000 $

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