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Suppose you borrow $ 2 3 0 0 at a 2 1 % annual interest rate, compounded monthly ( 1 . 7 5 % each
Suppose you borrow $ at a annual interest rate, compounded monthly each month At the end of each month, you make a $ payment.
Use this information to complete the table below. Round to the nearest cent as needed.
tableMonthPrior Balance,table Intereston Prior BalanceMonthly Payment,Ending Balance$
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