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1. Do the first four lines of the loan amortization table for a $275,000 4-year loan at 3.875% annual interest payable quarterly: a) Calculate the

1. Do the first four lines of the loan amortization table for a $275,000 4-year loan at 3.875% annual interest payable quarterly: a) Calculate the payment amount: b) What is the total interest paid over the life of the loan? c) Do the loan amortization table (not all columns and rows need to be used). d) What is the journal entry to pay the third payment? De

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