46. (Worth 10 points.) Please show your work or method of calculation) Ford unveiled its...
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46. (Worth 10 points.) Please show your work or method of calculation) Ford unveiled its new 2021 Sheits GT500 which costs $75,500 with tags and license. The finance company will allow you to take a 6 year loan at a 12% interest rate. Please build an amortization table to represent your payment schedule. What would be the principal amount due at the beginning of the payment period? Period Principal Loan Payment Interest Paid Principal Paid Next period Principal 2
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