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Answer both questions. If only one is answered, I will downvote. Q11) Prepare the first row of a loan amortization schedule based on the following

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Answer both questions. If only one is answered, I will downvote.

Q11) Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $27,636.00 with an annual interest rate of 7.01% . The loan will be repaid over 6.0 years with monthly payments. a) Loan payment (1 point) b) Interest portion (1 point) c) Principle portion (1 point) d) Loan balance after first monthly payment (1 point) Q12) What is the most you would be willing to pay for a investment that will pay you $767.00 in one year, $633.00 in two years, and $913.00 in three years, if your required rate of return for this type of investment is 6.51% ? (1.5 points) When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places

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