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Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $36,912.00 with an annual interest rate

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Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $36,912.00 with an annual interest rate of 9.60%. The loan will be repaid over 7.0 years with monthly payments. A. Loan payment: B. Interest portion: C. Principle portion: D. Loan balance after first monthly payment

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