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Your company took out an amortizing loan with the following terms: A B 1 Amount 5,000 2 Term (years) 30 3 Interest rate 7% Part

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Your company took out an amortizing loan with the following terms: A B 1 Amount 5,000 2 Term (years) 30 3 Interest rate 7% Part 1 B Attempt 1/10 for 10 pts. What is the annual payment (as a positive number)? Use Excel's PMTO function. 0+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. Create an amortization table in Excel. What is the outstanding balance at the end of the first year? 0+ decimals Submit Part 3 What is the outstanding balance at the end of year 20? Attempt 1/10 for 10 pts. 0+ decimals Submit Part 4 What is the outstanding balance at the end of year 30? Attempt 1/10 for 10 pts. 0+ decimals Submit

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