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A loan of $15,850.00 is repaid by making annual payments of $5,558.63 at the end of each year. If interest is 5.41% compounded annually. How
A loan of $15,850.00 is repaid by making annual payments of $5,558.63 at the end of each year. If interest is 5.41% compounded annually. How many payments are required to amortize the loan? Round N to two decimal places. N- I/Y P/Y-C/Y PV PMTOS FV-5 Complete the amortization table below, Enter only POSITIVE VALUES IN THE AMORTIZATION TABLE (rounded to no decimal places). Payment number Payment amount interest Paid Principal Repaid Balance o) $15,850.00 1) 2) 3) 4) Total
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