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LO 13.1 Halep Inc, borrowed $50,000 from Davis Bank and signed a 4 year note payable stating the interest rate was 5% compounded and paid

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LO 13.1 Halep Inc, borrowed $50,000 from Davis Bank and signed a 4 year note payable stating the interest rate was 5% compounded and paid annually. Halep Inc. will make Davments of $14.100.59 at the end of each vear. Prepare an amortization table showine the principal and interest in each payment

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