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A loan of $5,000 with interest at 7.75% compounded annually is amortized by equal payments at the end of each year for five years. 1.

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A loan of $5,000 with interest at 7.75% compounded annually is amortized by equal payments at the end of each year for five years. 1. Show your financial calculator inputs for the payment calculation. 2. Create a full amortization schedule for the loan. A template is available in the Test folder (underneath the link to our test. You can fill in the Word file template and attach below. This question is worth 10 points in total

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