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To help with the startup costs of his new yoga studio, Bill is taking out a $58,000 amortized loan for 10 years at 8.3% annual

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To help with the startup costs of his new yoga studio, Bill is taking out a $58,000 amortized loan for 10 years at 8.3% annual interest. His monthly payment for this loan is $712.93. 1 Fill in all the blanks in the amortization schedule for the loan. Assume that each month is of a year. Round your answers to the nearest cent. 12 i Payment number 1 Interest payment Principal payment New loan balance S ? $ $ SI 2 $ 50 $275.90 $ $437.03 sl $39.452.62 $ 51

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