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The debt is amortized by equal payments made at the end of each payment interval Compute() the of the procesit the time indicated; (c) the

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The debt is amortized by equal payments made at the end of each payment interval Compute() the of the procesit the time indicated; (c) the interest paid by the payment following the time indicated, and (d) the prindpal repaid by the paying codes the outstanding principal Repayment Payment Debt Principal Interest Rate Conversion Outstanding Period Interval Period Principal After: $12,000 8 years 1 month 3% monthly Gth payment

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