You are preparing a loan amortization table for a 1-year loan of $1000 with a monthly...
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You are preparing a loan amortization table for a 1-year loan of $1000 with a monthly interest rate of 1%. What is your principal payment in month three of the amortization schedule? You are preparing a loan amortization table for a 1-year loan of $1000 with a monthly interest rate of 1%. What is your principal payment in month three of the amortization schedule?
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