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Develop the payment table for a balloon payment loan $125,000 loan, 10 years, 10% interest rate, balloon payment of $100,000 Year Total Payment Interest Paid

  1. Develop the payment table for a balloon payment loan $125,000 loan, 10 years, 10% interest rate, balloon payment of $100,000

Year

Total Payment

Interest Paid

Principal Paid

Principal Remaining

Balloon

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