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Large semitrailer trucks cost $120,000 each. A trucking company buys such a truck and agrees to pay for it by a loan that will be
Large semitrailer trucks cost $120,000 each. A trucking company buys such a truck and agrees to pay for it by a loan that will be amortized with 8 semiannual payments at 17?% compounded semiannually. Complete an amortization schedule for the first four payments of the loan.
Fill out the amortization schedule below. The answers in the amortization scedule are correct, all of them. Please show me how to find the answers! Thank you!
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