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Create the amortization schedule for a loan of $20,000, paid monthly over three years using an APR of 8 percent. Enter the first three months.
Create the amortization schedule for a loan of $20,000, paid monthly over three years using an APR of 8 percent. Enter the first three months.
Month | Beginning Balance | Total Payment | Interest Paid | Principal Paid | Ending Balance |
1 | |||||
2 | |||||
3 |
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