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A medical testing company has recently purchased several new pieces of testing equipment at a cost of $97,000. They have paid $13,000 up front and

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A medical testing company has recently purchased several new pieces of testing equipment at a cost of $97,000. They have paid $13,000 up front and have financed the remaining amount over 4 years at 4.1% annual interest compounded quarterly. They will pay off the debt with quarterly payments over the 4 years. Complete an amortization schedule for the first two payments of the loan. Fill out the amortization schedule below. (Round to the nearest cent as needed. Do not include the symbol in your answers.) Payment Amount of Interest Applied to Number Payment Payment Principal Balance

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