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Personal Finance For a $27,000 student loan with a 6% APR, how much of the payment will...

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Finance

Personal Finance

For a $27,000 student loan with a 6% APR, how much of thepayment will go toward the principal and how much will go towardpaying interest for each of the first six payments? Assume this isa 10-year loan with monthly payments. (Do not round intermediatecalculations. Round your answers to 2 decimal places.) PaymentNumber Interest Paid Principal Paid

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