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Problem 2-28 Amortizing loans A bank loan requires you to pay $81,000 at the end of each of the next eight years. The interest rate

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Problem 2-28 Amortizing loans A bank loan requires you to pay $81,000 at the end of each of the next eight years. The interest rate is 12%. a. What is the present value of these payments? b. Complete the following amortization table. Complete this question by entering your answers in the tabs below. Complete the following amortization table. Note: Negative amounts should be indicated by a minus sign. Round intermediate calculations and finaf answers to the nearest whole dollar amount

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