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Margaret received a loan of $5000 from a bank to purchase office supplies. She obtained the loan at an interest rate of 5% compounded quarterly

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Margaret received a loan of $5000 from a bank to purchase office supplies. She obtained the loan at an interest rate of 5% compounded quarterly for 1 year. Calculate the size of her end-of-quarter payments and construct an amortization schedule for her loan. Ordinary SIMPLE Annuity (Ctrl)

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