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Prepare an amortization schedule for a five-year loan of $52,000. The interest rate is 9% per year, and the loan calls for equal annual payments.

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Prepare an amortization schedule for a five-year loan of $52,000. The interest rate is 9% per year, and the loan calls for equal annual payments. (Do not round intermediate colculations. Enter all amount os positive value. Round the final answers to 2 decimal alarae L anve no celis blank - be certain to enter " 0 " wherever required.) How much interest is paid in the third year? (Do not round intermediate colculations. Round the final answer to 2 decimol ploces.) Interest paid $ How much total interest is paid over the life of the loan? (Do not round intermediote calculations. Round the final answer to 2 decimal places.) Total interest

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