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How to fill out an amortization table

07/10/2021 Client: muhammad11 Deadline: 2 Day

Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments are made monthly. Annual Interest Rate Payment $524.49 Interest Paid $43.29 Paid on Principal $481.20 Balance $8,040.03 out the amortization schedule below. Payment Balance Annual interest Rate 6.1% Interest Paid $43.29 Paid on Principal $481.20 $8.040.03 $524.49 $ 524.49 Round to the nearest cent as needed.

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