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To help with the startup costs of his new yoga studio, Joe is taking out a $47,000 amortized loan for 10 years at 7.1% annual

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To help with the startup costs of his new yoga studio, Joe is taking out a $47,000 amortized loan for 10 years at 7.1% annual interest. His monthly payment for this foon is $548.14 Fill in all the blanks in the amortization schedule for the loan. Assume that each months 1 12 of a year, Round your answers to the nearest cent. Payment number Interest payment New loan balance 1 Principal payment so $ 2 S se $46.458.29 65 $393.93 $25,669.14 $154.21 s 66 50 $

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