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3. Amortization Schedule. Use Excel and calculator. You decide to buy a new BMW that costs $50,000. You want to borrow all the money at

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3. Amortization Schedule. Use Excel and calculator. You decide to buy a new BMW that costs $50,000. You want to borrow all the money at a 7.5% (annual) interest rate. You want to pay it in 5 years. Find vour yearly payment and fill in the amortization schedule below

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