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23) A debt of $600 is to be repaid by two equal yearly payments with interest at the rate of 5% compounded annually. Complete the
23) A debt of $600 is to be repaid by two equal yearly payments with interest at the rate of 5% compounded annually. Complete the following amortization schedule for this debt. Principal outstanding at beginning of period Period 1 2 Totals Interest for period Payment at end of period Principal repaid at end of period
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