Q11) Prepare the first row of a loan amortization schedule based on the following information.The loan amount

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Q11) Prepare the first row of a loan amortization schedule based on the following information.The loan amount is for$47,179.00with an annual interest rate of6.90% . The loan will be repaid over5.0years with monthly payments.

a) Loan payment (1 point)

b) Interest portion (1 point)

c) Principle portion (1 point)

d) Loan balance after first monthly payment (1 point)

Posted Date: Jun 06, 2024 05:14 PM

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Q11) Prepare the first row of a loan amortization schedule based on the following information.The loan amount

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