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Question 4 (10 points) Basil Ali and Basma Ahmed borrowed $15,000 to finance their wedding and reception. The fully-amortizing loan at 11% requires equal payments

Question 4 (10 points) Basil Ali and Basma Ahmed borrowed $15,000 to finance their wedding and reception. The fully-amortizing loan at 11% requires equal payments at the end of each of the next seven years. Prepare their amortization schedule.

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