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Dcor Stores Ltd borrowed $400,000 November 1, 2020 from CIBC. Interest will be charged at a rate of 6% and the loan is to be

Dcor Stores Ltd borrowed $400,000 November 1, 2020 from CIBC. Interest will be charged at a rate of 6% and the loan is to be repaid in four equal payments (1 payment per year for 4 years the first payment will occur on October 31, 2021). Complete a loan amortization schedule showing the 4 payments and break down each payment between interest and principal:

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