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Today, you borrowed $20,000 and have agreed to pay off the loan by making $500 weekly...

Today, you borrowed $20,000 and have agreed to pay off the loan by making $500 weekly payments. Assume the effective weekly interest rate is 0.2%. If you were preparing an amortization schedule, what would be the ending balance after your first payment (i.e. at the end of the first week)?

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