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An automobile loan of $10,000 at a nominal rate of 6% compounded monthly for 36 months requires equal end-of-month payments of $304.22. Complete the table below, as you would expect a bank to calculate the values. (Round to the nearest cent.) End of Month Interest Payment Repayment of Remaining Loan Principal Balance $9,745.78 $255.49 $34.32 $ $3,534.69
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