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Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $24,323.00 with an annual interest rate

Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $24,323.00 with an annual interest rate of 15.77%. The loan will be repaid over 7.0 years with monthly payments. Find Loan payment: Interest portion: Principle portion: Loan balance after first monthly payment:

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