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You have negotiated a $100,000 loan from Farm Credit with 12% APR compounded monthly . You agree to pay back the loan in monthly installments

You have negotiated a $100,000 loan from Farm Credit with 12% APR compounded monthly. You agree topay back the loan in monthly installments over the next 10 years with the first payment due at the end of the month. What is your monthly payment? Create an amortization schedule to track the principal and interest on the loan over its life. How much total interest is paid?

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