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Bob Jones bought a new log cabin for $60,000 at 5.75% interest for 15 years. Prepare an amortization schedule for the first three periods. (Use

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Bob Jones bought a new log cabin for $60,000 at 5.75% interest for 15 years. Prepare an amortization schedule for the first three periods. (Use Table 15.1) Note: Round your intermediate calculations and final answer to the nearest cent. TABLE 15.1 Amortizationa table (mocigage principal and interest pre 51,0001)

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