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To help purchase her new truck, Tammy is taking out a $26,000 amortized loan for 6 years at 5.2% annual interest. Her monthly payment for

To help purchase her new truck, Tammy is taking out a $26,000 amortized loan for 6 years at 5.2% annual interest. Her monthly payment for this loan is $421.14

Fill in all the blanks in the amortization schedule for the loan. Assume that each month is 1/12 of a year. Round your answers to the nearest cent.

Payment number Interest payment Principal payment New loan balance

1

$

$

$

2

$

$

$25,381.72

25

$78.93

$342.21

$17,873.52

26

$

$

$

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