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Prepare an amortization schedule for a three - year loan of $ 9 3 , 0 0 0 . The interest rate is 8 percent
Prepare an amortization schedule for a threeyear loan of $ The interest rate is percent per year, and the loan agreement
calls for a principal reduction of $ every year. How much total interest is paid over the life of the loan?
Note: Leave no cells blank. Enter where necessary. Do not round Intermedlate calculations and round your answers to the
nearest whole number, eg
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