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Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Loan amount Annual interest rate Number of years Required:
Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Loan amount Annual interest rate Number of years Required: $425,000 8% 4 1. Use your spreadsheet to recalculate the amortization table amounts and enter your revised results for the years Indicated. Assume the bonds were issued on January 1. (Round your answers to 2 decimal places.) Date Cash Paid Carrying Value $ 425,000.00 December 31, 2021 December 31, 2022 $ 128,316.34 330,683.66 128,316.34 228,822.01 December 31, 2023 128,318.34 118,811.43 December 31, 2024 $ 128,316.34 $ 0.00
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