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You have just purchased a car and taken out a $44,000 loan. The loan has a five-year term with monthly payments and an APR of

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You have just purchased a car and taken out a $44,000 loan. The loan has a five-year term with monthly payments and an APR of 5.7%. 1) How much will you pay in interest and how much will you pay in principal, during the first month? 2) How much will you pay in interest, and how muchi will you pay in principal, during the first year

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