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You have taken out a loan of $17,000 for 4 years with an interest rate of 7% compounded annually. The loan will be repaid by

You have taken out a loan of $17,000 for 4 years with an interest rate of 7% compounded annually. The loan will be repaid by end of year payments. Fill in the all the blanks below, and round all the enteries to the nearest cent.Enter only positive values for all answers. First Three Payment amounts:- $______

Payment Number 0 1 2 3 4 Total Payment Amount 0 1 $ 2Same as above 3Same as above 4 $ Total $ Interest 0 1$ 2 $ 3 $ 4 $ Total $ Principal Repaid 0 1$ 2 $ 3 $ 4 $ Total $ Balance. $17,000 0 1$ 2 $ 3 $ 4 $ Total $

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