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16 Prepare an amortization schedule for a five-year loan of $67,500. The interest rate is 7 percent per year, and the loan calls for equal

16
Prepare an amortization schedule for a five-year loan of $67,500. The interest rate is 7 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the lnn=0 Complete the following analysis. Do not hard code values in your calculations. All answers chnold he nneitive

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