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You have taken a loan of $2000 from the bank to buy your home. The loan is to be repaid in 3 Years, and the

You have taken a loan of $2000 from the bank to buy your home. The loan is to be repaid in 3 Years, and the lender charges you an interest of 12%. Construct an amortization schedule showing the amount of payments you will be paying each period, the repayment of principal amount and the interest amount for each period.

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