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Loan Amortization - You borrowed $10,000 from the bank. You plan to pay it back in four years. You are charged 3.45% annual compounding. Complete
Loan Amortization - You borrowed $10,000 from the bank. You plan to pay it back in four years. You are charged 3.45% annual compounding. Complete the following table. Year Interest Paid Beginning Balance Total Payment Principal Paid Ending Balance 1 2 3 4
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