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Exercise 9 - 1 7 ( Algo ) Part 1 Required: Complete the first three rows of an amortization schedule. ( Hint . Use Illustration
Exercise Algo Part
Required:
Complete the first three rows of an amortization schedule. Hint Use Illustration except the dates for the first three rows will be
and since interest is payable annually rather than semiannually. Interest expense for the period
ended December is calculated as the carrying value of $ times the market rate of Round your final answers to
the nearest whole dollar.
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