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Question I! (of 1) 0.50 points On November 1, 2015, Norwood borrows $570,000 cash from a bank by signing a five-year installment note bearing 6%

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Question I! (of 1) 0.50 points On November 1, 2015, Norwood borrows $570,000 cash from a bank by signing a five-year installment note bearing 6% interest The note requires equal total payments each yearon October 31 dable Bi Table B2. Table B.3 and Table B.4) (Use appropriate factors) from the tables provided.) Required: 1. Complete the below table to calculate the total amount of each installment payment Amount of annual Initial Cash PV Facior S 570,000 + 2. Complete an amortization table for this instaliment note (Round your intermediate calculations to the nearest dollar amount Ending Beginning Debit Interest +Debit Notes Date Expense PayableCredit Cash Ending 10312016 570 000 10312016 S 570 000

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