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00 A B D E F 97 PROBLEM 5 98 XYZ Healthcare has just borrowed $22,000,000 on an eight-year, annual payment term loan at a
00 A B D E F 97 PROBLEM 5 98 XYZ Healthcare has just borrowed $22,000,000 on an eight-year, annual payment term loan at a 6.5 percent rate 99 The first payment is due one year from now. Construct the amortization schedule for this loan. 100 101 102 Amt Payment 103 Rate 104 Nper 105 106 Year Beg Amt Payment Interest Repayment Balance 107 108 109 110 111 112 113 114
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