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A loan of $ 4 9 0 0 at 1 2 . 7 5 % interest compounded semi - annually is to be repaid in

A loan of $4900 at 12.75% interest compounded semi-annually is to be repaid in four years in equal semi-annual payments. Complete an amortization schedule for the first four payments of the loan. Adjust the final payment so the balance is zero.

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