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Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result, they are now thinking about buying a commereial oven.

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Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result, they are now thinking about buying a commereial oven. They know which oven they want and that it wilt cost $16,600. The company already has $4,900 set aside for the purchase and will need to borrow the rest. Natalie and Curtis met with a bank manager to discuss their options. She is willing to lend Cookie & Coffee Creations Inc $11,760 on November 1,2023 , for a period of 3 years at a 5% interest rate. The terms provide for foced principal payments of $1,960, on May 1 and November 1 of each year plus 6 months of interest. Prepare a payment schedule for the life of the note. (If onswer is O, pleose enter O. Do not leave any fields blank.)

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