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1.Set up an amortization schedule for a 5-year, $5 million, 8.5 % loan that requires equal annual end-of-year payments. Be sure to distinguish between the
1.Set up an amortization schedule for a 5-year, $5 million, 8.5 % loan that requires equal annual end-of-year payments. Be sure to distinguish between the interest and principal portion of each paymen...
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