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The loan amount of a Balance of Sale Price is $10,500 at 7.5%, term 5 years. Calculate the monthly interest payments only, using general annuity

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The loan amount of a Balance of Sale Price is $10,500 at 7.5%, term 5 years. Calculate the monthly interest payments only, using general annuity calculation (C=2/P=12) and show the outstanding balance at the end of the term

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