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Setup an amortization schedule for a $15,000 loan, to be repaid in 3 years with semiannual payments at an interest rate of 8% compounded semiannually.

Setup an amortization schedule for a $15,000 loan, to be repaid in 3 years with semiannual payments at an interest rate of 8% compounded semiannually. Step 1. find PMT (the equal payments) from PVA = PMT (PVIFAi,n) solve for PMT Step 2. set up the headingor the table

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