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Assume a borrower is given the following options for repayment of a $ 1 0 0 , 0 0 0 loan: 5 - year amortizing
Assume a borrower is given the following options for repayment of a $ loan: year amortizing loan paying interest at percent, year nonamortizing loan at percent, with principal due at maturity, and year amortizing loan at percent, with interestonly payments for years and principal of $ for years All interest rates are per annum. Show the payments for all three loans, including interest and principal payments, and balances every year.
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