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510 The following shows an amortization schedule for a loan which calls for level semi-annual payments over 2 years. Fill in the missing values in
510 The following shows an amortization schedule for a loan which calls for level semi-annual payments over 2 years. Fill in the missing values in the amortization schedule and calculate the effective rate of interest. Year Installment Interest paid Principal repaid Outstanding balance 0.5 9,088.51 2,969.71 1.5 122.38 3,151.49
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