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On January 1, Year 1, Beatle Company borrowed $200,000 cash from Central Bank by issuing a five-year, 6 percent note. The peincipal and interest are

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On January 1, Year 1, Beatle Company borrowed $200,000 cash from Central Bank by issuing a five-year, 6 percent note. The peincipal and interest are to be paid by making annual payments in the amount of $47.479. Payments are to be made December 31 of each year, beginning December 31 , Year 1 . Required Prepare an amortization schedule for the interest and peincipal poyments for the five-year period. Note: Round your answers to the nearest dollar amount

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