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1. A loan for 7000 is repaid with five end of year payments of 1000, 2000, 2000, 2000, 1000. The annual effective interest rate is

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1. A loan for 7000 is repaid with five end of year payments of 1000, 2000, 2000, 2000, 1000. The annual effective interest rate is i. Construct an amorti- zation schedule for the loan

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