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A loan of $16,675.00 is repaid by making annual payments of $5,304.51 at the end of each year. If interest is 6.85% compounded annually. How
A loan of $16,675.00 is repaid by making annual payments of $5,304.51 at the end of each year. If interest is 6.85% compounded annually. How many payments are required to amortize the loan? Round N to two decimal places. N= I/Y= % P/Y=C/Y= PV=$ PMT=$ FV=$ Complete the amortization table below. Enter only POSITIVE VALUES IN THE AMORTIZATION TABLE (rounded to two decimal places). Payment number Payment amount Interest Paid Principal Repaid Balance 0) $16,675.00 1) $ $ $ 2) $ $ A 3) $ $ A 4) A $ $ $ $ $ $ Total $
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