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15. Your bank offers to lend you $62,000 at a 7% annual interest rate. The terms require you to amortize the loan with 5
15. Your bank offers to lend you $62,000 at a 7% annual interest rate. The terms require you to amortize the loan with 5 equal end-of- financial calculator inputs to receive credit. Include an amortization table for at least the first two years in showing your calculations. year payments. How much is the interest portion of your payment in Year 2? (10 points) Remember to show all work and list
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