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2) A 40 year, $100,000 loan with effective annual interest i=4% is paid by making payments of K at the end of each year for
2) A 40 year, $100,000 loan with effective annual interest i=4% is paid by making payments of K at the end of each year for the first 20 years and payments of K250 at the end of each year for the next 20 years. Find K, and find the OB20 and OB30. Lastly, fill out the following amortization table for 3 years
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