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a . Complete an amortization schedule for a $ 3 8 , 0 0 0 loan to be repaid in equal installments at the end
a Complete an amortization schedule for a $ loan to be repaid in equal installments at the end of each of the next three years. The interest rate is compounded annually. Round all answers to the nearest cent.
b What percentage of the payment represents interest and what percentage represents principal for each of the three years?
Round all answers to two decimal places.
tableYear :
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