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Case #3 On January 1, 2021, ABC Corp. borrowed $71,800 by signing an installment loan. The loan will be repaid in 14 equal payments, one

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Case #3 On January 1, 2021, ABC Corp. borrowed $71,800 by signing an installment loan. The loan will be repaid in 14 equal payments, one at the beginning of each year. The first payment is made on January 1, 2020. The interest rate for the loan is 11% Calculate the annual payment required. Show your final answer and show all the work to support your answer. Prepare the amortization table for the loan/ Case # 4 Assume the payments will be made at the end of each year (the first payment is made on December 31, 2020.); recalculate your answer for case #3. Calculate the annual payment required. Show your final answer and show all the work to support your answer. Prepare the amortization table for the loancase

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