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14.1.B. 15 Question Help Katec Corporation borrowed $66,000.00 at 9% compounded monthly for 9 years to buy a warehouse. Equal payments are made at the
14.1.B. 15 Question Help Katec Corporation borrowed $66,000.00 at 9% compounded monthly for 9 years to buy a warehouse. Equal payments are made at the end of every month. (a) Determine the size of the monthly payments. (b) Compute the interest included in payment 52. (C) Determine the principal repaid in payment period 31. (d) Construct a partial amortization schedule showing details of the first three payments, the last three payments, and totals
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