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show work please 5. Your company is planning to borrow $500,000 on a four-year annual repayment basis, at 10 percent annual interest, and fully amortize

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5. Your company is planning to borrow $500,000 on a four-year annual repayment basis, at 10 percent annual interest, and fully amortize the loan. (a) Calculate the equal yearly installments to fully repay the loan. (10 points) (b) Prepare a complete schedule of amortization table for this loan on year by year basis. Show cell by cell calculations below. ( 10 points)

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