Assume an annual interest rate of 4%. Consider a loan of 10000 to be repaid in 3
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Question:
Assume an annual interest rate of 4%. Consider a loan of 10000 to be repaid in 3 years with level payments. Write the complete amortization table for all 3 years showing for each year Payment, InterestPd, PrincRepaid, OutstandingBalance. Your answer should consist of numbers, not formulas.
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