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Can you solve this for me please?
2. You borrowed $6,000.00 for 5 years at 7% annual interest rate. The banker said that to repay the total loan amount you have to pay $1,463 at the end of each year. a) Draw a time line depicting this cash low b) Build a table to determine how much of the annual payment is interest, and how much principal is there in each annual payment.
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Answer #1

wor (a) 6ooo Cash ouflow ßooo 11463 2 3 나 5 420 349 2 69 1 85 96 1116 3841 463 tub3 1 63 | 1463 2642 (2 16 136 1262 kenn eur, tanding at begining #x Cash μǐd-interest.Please Kindly help with Thumbs up for this answer. If any doubts feel free to query. Thank you

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