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A $30,000 loan that charges 8.50% interest compounded semi-annually is ropaid by annual payments over 5 years Complete the following amortization schedule For full marks

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A $30,000 loan that charges 8.50% interest compounded semi-annually is ropaid by annual payments over 5 years Complete the following amortization schedule For full marks your answer should be rounded to the nearest cent. 1 Payment Payment Amount Interest Portion Principal Portion Principal Balance Remaining Number ($) (PMT) ($) (INT) ($) (PRN) ($) (BAL) Start 0.00 0.00 0.00 0.00 0.00 2 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total 0.00 0.00 0.00 on

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