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12.4: Marian owes 120,000. She agrees to pay for the loan with monthly payments at 10% for 4 years. Prepare an amortization schedule for the
12.4: Marian owes 120,000. She agrees to pay for the loan with monthly payments at 10% for 4 years. Prepare an amortization schedule for the first 3 payments. What is the value of Letter A (please see table below)? Pay't Number Amt. of Pay't Int. for the Period Portion to Princ. Princ. at End of Period 0 1 A 2 3
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