Question: Truman used the Quantitative Reasoning Process to create a plan to pay off his auto loan of $8,720. The interest rate on his loan is

Truman used the Quantitative Reasoning Process to create a plan to pay off his auto loan of $8,720. The interest rate on his loan is 6.6% annually and he will be making monthly payments of $129.9 for 7 years. Complete Month 1 of the amortization table below.

Month	Beginning Balance	Payment: To Interest	Payment: To Principal	Ending Balance
1				???
2

What is Truman's Ending Balance for Month 1?

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