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A couple buys some furniture for $3000 using their credit card. They pay off the debt at j2=6% by paying $150 a month for as
A couple buys some furniture for $3000 using their credit card. They pay off the debt at j2=6% by paying $150 a month for as long as necessary. The first payment is at the end of 3 months. Do a complete amortization schedule for this credit loan. Do this question on a spreadsheet.
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