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Remaining Time: 01:44:51 Braxton used the Quantitative Reasoning Process to create a plan to pay off his credit card loan of $1,000. The interest rate
Remaining Time: 01:44:51 Braxton used the Quantitative Reasoning Process to create a plan to pay off his credit card loan of $1,000. The interest rate on his loan is 6.8% annually and he will be making monthly payments of $16.95 for 6 years. Complete Month 1 of the amortization table below. Month Beginning Balance Payment: To Interest Payment: To Principal Ending Balance 1 2 What is Braxton's Ending Balance for Month 1? (Round your final answer to the nearest cent) $ Number
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