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The bank has offered you a loan of K200 000 to be repaid in 2 years at an annual interest of 12 percent. Assuming that
The bank has offered you a loan of K200 000 to be repaid in 2 years at an annual interest of 12 percent. Assuming that the loan is repaid monthly, draw an amortization schedule that shows the beginning principal, monthly loan payment, interest paid, principal paid and the principal balance at the end of every month for the first four months. set up an Amortization schedule
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