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Use the Amortization Table to determine the payment required to amortize a loan of $6100 at an annual interest rate of 10% with a term
Use the Amortization Table to determine the payment required to amortize a loan of $6100 at an annual interest rate of 10% with a term of 9 years. Payments are to be made annually. Click here to view page 1 of the Amortization Table. Click here to view page 2 of the Amortization Table. The amount of each payment is $. (Round to the nearest cent as needed.) Question Viewer
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