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3. A debt of P50 000 with interest at 1(4) 8% is to be amortized by payments of P10 000 at the end of each

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3. A debt of P50 000 with interest at 1(4) 8% is to be amortized by payments of P10 000 at the end of each quarter for as long as necessary. Create an amortization schedule showing the distribution of the payments as to interest and the repayment of principal

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