Prepare an amortization schedule for a five-year loan of $67,000. The interest rate is 9...
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Prepare an amortization schedule for a five-year loan of $67,000. The interest rate is 9 percent per year, and the loan calls for equal annual payments. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Leave no cells blank - be certain to enter "O" wherever required.) Total Payment Year Beginning Balance 1 Interest Payment Principal Payment Ending Balance 2 3 4 5
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