Using the loan and payment plan developed in -120,

Chapter , Problem 4-132

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Using the loan and payment plan developed in 4-120, determine the month that the finalpayment is due, and the amount of the final payment,if $500 is paid for Payment 8 and $280 is paid forPayment10. This problemrequires a separateamorti- zationtablegivingthebalancedue,principalpayment,andinterestpaymentforeachperiodoftheloan

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