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Your cousin has agreed to loan you $9800 to help you buy a car. He'll give you a much lower interest rate than you could

Your cousin has agreed to loan you $9800 to help you buy a car. He'll give you a much lower interest rate than you could get through the dealership, charging 1.3% interest for four years compounded quarterly. Fill in the following chart for the amortization schedule of the first two and the last payments. solve in excel

Payment # Amt. Paid Interest Principal Balance
1 $629.56
2 $629.56
15 $629.56 $4.07 $625.49 $627.48
16

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