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1) A loan of $100,000 at (2) = 12% is amortised with equal semi-annual payments starting 6 months from now for 6 years. a) Calculate

1) A loan of $100,000 at (2) = 12% is amortised with equal semi-annual payments starting 6 months from now for 6 years. a) Calculate the semi-annual payments t b) Draw up the complete amortization schedule OB Payment Interest due Principal repaid

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