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Loan Amortization Problem Construct an amortization schedule for a $ 1 , 0 0 0 , 1 0 % annual rate loan with 3 equal

Loan Amortization Problem

Construct an amortization schedule for a $

1, 000, 10 %

annual rate loan with

3

equal annual payments.

Step #

1

: Find the required annual payment on the loan.

Step #

2

: Complete the amortization table for the loan.

Please use BAII PLUS CALC and show steps of calc

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