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20-01-2023
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Melanie wants to purchase a car that costs $43, 150. She has decided to make a 20% down payment. Her bank offers her a 48-month loan at a 5.25% interest rate. Build a loan amortization schedule. What is the amount of interest paid on the car loan for the first 12 months?O approximately $1622O approximately $194O approximately $162O approximately $1941

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