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Golden Dragon Restaurant obtained a $10,800 loan at 9% compounded annually to replace some kitchen equipment. Prepare a complete amortization schedule if payments of
Golden Dragon Restaurant obtained a $10,800 loan at 9% compounded annually to replace some kitchen equipment. Prepare a complete amortization schedule if payments of $2,100 (except for a smaller final payment) are made semiannually. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "O" wherever required.) Payment number Payment $ Interest portion $ 0 1 S 2 Principal portion $ Principal balance $ 10,800.00 3 4 56
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