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(15 Points) A loan of 10,000 is amortized by 8 end-of-year payments at an annual effective interest rate of 6%. Show the first 2 and
(15 Points) A loan of 10,000 is amortized by 8 end-of-year payments at an annual effective interest rate of 6%. Show the first 2 and last 2 lines of the amortization schedule: (Do this on your answer sheet) Time Payment Interest | Principal Balance
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