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You purchased a new 2020 Honda Accord. You borrowed $30,710 to make the purchase. A bank lends you the money at an annual fixed interest
You purchased a new 2020 Honda Accord. You borrowed $30,710 to make the purchase. A bank lends you the money at an annual fixed interest rate of 3.75% for 5 years. The terms of the amortization loan include making monthly payments. Build the loan amortization schedule in Excel
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