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Please help me in answering below questions with the nearest cent or with the two decimal values based on the questions. Question 1 Consider a

Please help me in answering below questions with the nearest cent or with the two decimal values based on the questions.

Question 1

Consider a $20,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 8%.

a.Set up an amortization schedule for the loan. Round your answers to the nearest cent. Enter "0" if required

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