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please provide detailed and clear solution Question 1: A debt of $25,000 is amortized by making equal payments at the end of every six months
please provide detailed and clear solution
Question 1: A debt of $25,000 is amortized by making equal payments at the end of every six months for three years, and interest is 5% compounded semi-annually. Construct an amortization schedule. Step 1: Determine the payment value (round to two decimal places). Step 2: Construct an amortization schedule Step by Step Solution
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