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A loan of 10,000 is repayable by a level annuity payable half-yearly in arrear for three years and calculated on the basis of an interest

A loan of 10,000 is repayable by a level annuity payable half-yearly in arrear for three years and calculated on the basis of an interest rate of 10% per annum effective. Construct the lender's schedule showing the subdivision of each payment into capital and interest and the loan outstanding after each repayment

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