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Stacy Button has just approached a venture capitalist for financing for her new business venture, Sladium Corporation, the development of a local ski hill. On

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Stacy Button has just approached a venture capitalist for financing for her new business venture, Sladium Corporation, the development of a local ski hill. On July 1, 2018, Stacy borrowed $135,000 by signing a mortgage payable at an annual interest rate of 7%. The mortgage is repayable over 5 years in annual instalments, due each June 30. The first payment is due June 30, 2019 and the ski hill company's year-end will also be June 30. (a Prepare an amortization schedule for the 5 year term of the mortgage, assuming the payment is a blended principal and interest payment of $32,925. (Round answers to the nearest whole dollar, c.8.5,275) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance July 1, 2018 June 30, 2019 $ June 30, 2020 June 30, 2021 June 30, 2022 June 30, 2023 Total

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