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All answers must be entererd as formulas CHAPTER 5 Saved Help Save & Exit Submit Paste B I U. . Font Editing . A .

All answers must be entererd as formulas
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CHAPTER 5 Saved Help Save & Exit Submit Paste B I U. . Font Editing . A . Alignment Number Conditional Format as Cell - Formatting Table Styles Styles Cells . Clipboard 5 Prepare an amortization schedule for a five-year loan of $67,500. The interest rate is 7 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan? Loan amount $ Interest rate Loan term 67,500 7% Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. CHAPTER 5 A Saved Help Save & Exit Submit Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. Loan payment Year Beginning balance Total payment Interest paid Principal paid Ending balance ow Total interest paid Sheet1

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