Question: 9. Find the annual payment amount and complete an amortization schedule for an amortized loan with a fixed payment, assuming a 5 year loan with

9. Find the annual payment amount and complete an amortization schedule for an amortized loan with a fixed payment, assuming a 5 year loan with a 6% interest rate and a principal amount of $10,000.

Beg. Total Interest Principal End.

Year Balance Pmt. Paid Paid Balance

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