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A woman borrows ​$4000 at 12​% compounded​ monthly, which is to be amortized over 3 years...

A woman borrows ​$4000 at 12​% compounded​ monthly, which is to be amortized over 3 years in equal monthly payments. For tax​ purposes, she needs to know the amount of interest paid during each year of the loan. Find the interest paid during the first​ year, the second​ year, and the third year of the loan.

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