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Complete an amortization schedule for a $13,000 loan to be repaid in equal installments at the end of each of the next 3 years. The

Complete an amortization schedule for a $13,000 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 12% compounded annually. If an amount is zero, enter "0". Do not round intermediate calculations. Round your answers to the nearest cent.

Beginning Repayment Remaining
Year Balance Payment Interest of Principal Balance
1 $ $ $ $ $
2
3

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