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You are getting a six-month loan for new kitchen appliances, where the principal is $10,000 and monthly interest is 1%. The first payment will be
You are getting a six-month loan for new kitchen appliances, where the principal is $10,000 and monthly interest is 1%. The first payment will be made in a month from today. Find the equal monthly payment and complete the following amortization table. [15 pts]
Please show your work and , please have a COMPLETE timeline where there are time indicators. cash flows, and the question mark (when applicable)
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