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Help Please!!! 1. Suppose you borrow ( $ 16,000 ). The interest rate is ( 7 % ), and it requires 4 equal end-of-year payments.

Help Please!!! 1. Suppose you borrow \( \$ 16,000 \). The interest rate is \( 7 \% \), and it requires 4 equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, 2 answers

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