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19 June, 15:01

New

Loan

Balance

Interest

Rate

Monthly

Payment

Amount

for Interest

Amount

for Principal

Principal

5.

$1,200

$1,200

12%

$106.56

106.56

$12.00

120

$12.00

$94.56

$94.56

a.

+4
Answers (1)
  1. 19 June, 15:27
    0
    The answer to this problem is b.
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