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timed assignemnt help please! On January 1, Year 1, Beatie Company borrowed $330,000 cash from Centrat Bank by issuing a five-year, 6 percent note. The
timed assignemnt help please!
On January 1, Year 1, Beatie Company borrowed $330,000 cash from Centrat Bank by issuing a five-year, 6 percent note. The principal and interest are to be paid by making annual payments in the amount of $78.341. Poyments are to be made December 31 of each yeat, beginning December 31 , Year 1. Required Prepare an amortization schedule for the interest and principal payments for the five-year period. (Dound your answers to the nearest dollar amount.) Step by Step Solution
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