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I need help solving this problem Your company took out an amortizing loan with the following terms: Part 1 1 Attempt 1/10 for 10 pts.
I need help solving this problem Your company took out an amortizing loan with the following terms: Part 1 1 Attempt 1/10 for 10 pts. What is the annual payment on the loan (as a positive number)? Use Excel's PMTO function. Part 2 Attempt 1/10 for 10 pts. Create an amortization table in Excel. What is the outstanding balance at the end of the first year? What is the outstanding balance at the end of year 20? Part 4 What is the outstanding balance at the end of year 30
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