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Assignment Loan Amortization Schedule Extra Points (5 marks) Here is an extra credit assignment to help you understand how an amortization schedule for loans (mortgage
Assignment Loan Amortization Schedule Extra Points (5 marks) Here is an extra credit assignment to help you understand how an amortization schedule for loans (mortgage or any other instalmental) works. Using tables 7.3 and 8.1, prepare a monthly loan amortization schedule for a $120,000 mortgage loan at 8% for 30 years. Let your schedule show the first 5 years only
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