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Prepare an amortization table for a loan of $200,000 with monthly payments and a 10% APR, if the term of the loan is 15 years.
Prepare an amortization table for a loan of $200,000 with monthly payments and a 10% APR, if the term of the loan is 15 years. What is the total of the interest payments for the first 5 years? What is the sum of the principle payments for years 4 through 10?
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