Calculate and print out the balance due for each period, Microeconomics

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Calculate and print out the balance due for each period

Problem

Calculate and print out the balance due, principal payment, and interest payment for each period of a used-car loan. The nominal interest is 12% per year, compounded monthly. Payments are made monthly for 3 years. The original loan is for $11,000.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Calculate and print out the balance due for each period

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Microeconomics: Calculate and print out the balance due for each period

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