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Loan Amortization Schedule for Investment Interest rate Year Beginning Principal Principal Payment Interest Payment Ending principal Tax Savings 0.07 1 15,000 a. 1,050 b. c.
Loan Amortization Schedule for Investment
| Interest rate | Year | Beginning Principal | Principal Payment | Interest Payment | Ending principal | Tax Savings |
| 0.07 | 1 | 15,000 | a. | 1,050 | b. | c. |
| 0.07 | 2 | |||||
| 0.07 | 3 | |||||
| 0.07 | 4 | |||||
| 0.07 | 5 | |||||
| 0.07 |
Fill in the blanks. Explain how to get the principal and ending principal.
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Financial Management For Decision Makers
Authors: Peter Atrill
9th Edition
1292311436, 978-1292311432
