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answer this question in 10 min pls pls On July 1, 2023 Zcom Inc. borrowed $972,000 by signing a five-year installment note bearing interest at

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answer this question in 10 min pls pls

On July 1, 2023 Zcom Inc. borrowed $972,000 by signing a five-year installment note bearing interest at 6%. Complete the installment note amortization schedule for this note assuming each payment requires equal total payments. Use the built-in PV functions for these calculations. Enter PV(n;i) in a value box to calculate the present value of $1 over n compounding periods with a periodic rate of i Similarly, uso PVA(ni) lo caiculate the present value of an annuity. E.g., the present value of $1,000 with a periodic rate of 3%, and 2 compounding periods can be entered as 1000PV(2;3). To use the built-in PV functions to calculate the payment, the formula is: Principal balance PVA(n;i), where n= the number of payments and i= the interest rate. For example, if $10.000 is borroned of s.gning a which equals payments of $2,820. Thete requires four equal payments of accrued interest and principal. Each of the four equal payments is calculated by entering the following in the value bex 10000 ipvaris 5

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