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Use the amortization table to determine how much interest is paid in the first 4...

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Accounting

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Use the amortization table to determine how much interest is paid in the first 4 months of the loan. Click the icon to view the amortization table. $ (Type an integer or a decimal.) Amortization Table Use the amortization table to determine how much of the 5 th payment is used to reduce the debt. Click the icon to view the amortization table. The amount of the 5th payment used to reduce the debt is $ (Type an integer or a decimal.) Amortization Table Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. Thirty-year mortgage for $210,000 at 3.42%; remaining balance after 12 years. The monthly payment is $ (Round to the nearest cent as needed.) Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance. 5-year computer loan for $2307 at 6.8%; remaining balance after 2 years. The monthly payment is $ (Round to the nearest cent as needed.)

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