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Question 2 You want to buy a car by taking out a 3 year loan for $15,000 with a 7% interest rate. A - Create
Question 2\ You want to buy a car by taking out a 3 year loan for
$15,000
with a
7%
interest rate.\ A - Create an amortization table of the loan that shows the portion of interest and principal on each payment.\ \\\\table[[\\\\table[[Beginning],[Balance]],Payment,Interest,Principal,Ending Balance],[
$,15,000.00
,
($463.16)$
,87.50,
($550.66)
,
$,15,550.66
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