Question: Refer to the amortization table given below. a. How much is each regular payment? b. How many years is it going to take to pay

Refer to the amortization table given below.

a. How much is each regular payment?

b. How many years is it going to take to pay off this loan?

c. How often do the payments occur?

d. How much will the loan have cost in total?

e. How much interest was paid in total?

f. What do you notice about the principal as more payments occur?

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