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Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $210,000 for 3 years at 9% compounded annually Period Payment
Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.)
$210,000 for 3 years at 9% compounded annually
Period | Payment | Interest | Balance Reduction | Unpaid Balance |
---|---|---|---|---|
$210,000 | ||||
1 | $ | $ | $ | $ |
2 | $ | $ | $ | $ |
3 | $ | $ | $ | $0.00 |
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