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Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $170,000 for 3 years at 7% compounded annually Period Payment

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Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $170,000 for 3 years at 7% compounded annually Period Payment Interest Balance Reduction Unpaid Balance $170,000 1 149411.45 X 11900 $ $ 2 $ 117121.22 X $ 8198.49 3 60540.92 X $ 4237.86 $ $0.00

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