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Prepare an amortization schedule for a five-year loan of $53,000. The interest rate is 7 percent per year, and the loan calls for equal annual

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Prepare an amortization schedule for a five-year loan of $53,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments. (Do not round intermediate calculations and round your final answers to 2 decimal places (e. g., 32.16).)

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