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Provided below is the table in lecture slide 1.16. [Discrete-time system model (20 Pts)] We consider the amortization table in lecture slide 1.16. Describe the

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Provided below is the table in lecture slide 1.16.

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[Discrete-time system model (20 Pts)] We consider the amortization table in lecture slide 1.16. Describe the system that relates the monthly payment to the monthly balance as a difference equation

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