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You plan to borrow $45,200 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. Construct

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You plan to borrow $45,200 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. Construct an amortization schedule for the first two years. Edit View Insert Format Tools Table

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