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Create a loan amortization table for a $100,000 2 year loan at 4.875% annual interest payable semi-annually: a) Calculate the payment amount. b) Do the
Create a loan amortization table for a $100,000 2 year loan at 4.875% annual interest payable semi-annually:
a) Calculate the payment amount.
b) Do the loan amortization table.
c) What is the journal entry to receive the third payment?
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