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On November 1, 2015, Norwood borrows S200,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal total

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On November 1, 2015, Norwood borrows S200,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal total payments each year on October 31. (Table B.1. Table B.2. Table B.3. and Table B.4) (Use appropriate factor(s) from the tables provided.) Complete the below table to calculate the total amount of each installment payment. (Round all table values to 4 decimal places, and other answers to nearest whole dollar.) Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.)

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