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ra $11,200 loan from the Crane Student Loans Program to help finance mote payable at an interest rate of 4.8%. The monthly cash payment is
ra $11,200 loan from the Crane Student Loans Program to help finance mote payable at an interest rate of 4.8%. The monthly cash payment is $117.70, principal and interest, for 120 years). Prepare an instalment payment schedule for the first four payments. (Round answers to 2 decimal places, eg, Cash Payment Interest Expense Reduction of Principal Principal Balance $ $ $ ab o 11,200 loan from the Crane Student Loans Program to help finance your education. Once you graduate, you start payable at an interest rate of 4.8%. The monthly cash payment is $117.70, principal and interest, for 120 rs). Prepare an instalment payment schedule for the first four payments. (Round answers to 2 decimal places, eg, sh yment Interest Expense Reduction of Principal Principal Balance $ $ $ o . ab 4) ENG 20
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