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Complete an amortization schedule for a 120,000 loan to be repaid in equal installments at the end of each of the next 4 years. The

Complete an amortization schedule for a 120,000 loan to be repaid in equal installments at the end of each of the next 4 years. The interest rate is 3.5%, compounded annually.

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Show the calculation using below formula

Show the calculation using below formula PVAn=PMT[r1(1+r)n1]

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