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$ 3 7 , 0 0 0 loan at 8 . 2 % compounded semi - annually is to be repaid by equal semi -
$ loan at compounded semiannually is to be repaid by equal semiannual payments over years.
Construct the amortization schedule for the above loan.
PAYMEN T#
PAYMEN T
INTERES T PORTION
PRINCIPA L PORTION
PRINCIPA L BALANCE
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