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7) Givens, Hong and Partners obtained a $ 7,000 term loan at 8.5 % compounded annually for new boardroom furniture. Prepare a complete amortization schedule,

7) Givens, Hong and Partners obtained a $ 7,000 term loan at 8.5 % compounded annually for new boardroom furniture. Prepare a complete amortization schedule, in which the loan is repaid by equal semi-annual payments over three years

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