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Calculate the following information for a $50,000 loan with four (4) equal annual payments with an interest rate of 6.00% In order for your answers

Calculate the following information for a $50,000 loan with four (4) equal annual payments with an interest rate of 6.00%

In order for your answers to be marked correct by Canvas, remember to include dollar signs ($), commas for each thousand (000) dollars, and to the nearest whole cent.

Year Total Payment Interest Principal Loan Balance
0
1
2
3
4 $0

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