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Givens, Hong, and Partners obtained a $7000 term loan at 8.5% compounded annually for new boardroom furniture Prepare a complete amortization schedule in which the
Givens, Hong, and Partners obtained a $7000 term loan at 8.5% compounded annually for new boardroom furniture Prepare a complete amortization schedule in which the loan is repaid by equal semiannual payments over three years. (Do not round the intermediate calculations. Round your answers to two decimal places. Leave no cells blank - be certain to enter "O" wherever required.) Payment number 0 Payment Interest portion Principal portion Principal balance $7000.00 5951.27 7000 5951.27 2 4
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