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Compute an amortization schedule for a $95,000, 10 year annual amortization loan paying 8% payments are to be made at the end of the year
Compute an amortization schedule for a $95,000, 10 year annual amortization loan paying 8% payments are to be made at the end of the year If instead the loan was originally structured with a $40000 balloon payment in the tenth year, what would be each of the 9 annual payments? a. >$11900 b. $11300-11600 c. $11000-11300 d. $43000 c.
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