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1. Complete an amortization table for the follow loan: Generic Person B takes out a loan for $20,000 to buy a car. The interest rate on the loan is 7% and will last 10 years. The minimum payment for the
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1. Complete an amortization table for the follow loan:

Generic Person B takes out a loan for $20,000 to buy a car. The interest rate on the loan is 7% and will last 10 years. The minimum payment for the loan per year is $2,848. That will be the payment every year.

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