Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $100,000...

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Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $100,000 for 3 years at 8%

10. -11 points HarMathAp 126.5.025. A couple who borrow $50,000 for 20 years at 8.4%, compounded monthly, must make monthly p

7. -/1 points HarMathAp12 6.5.017. My Notes Ask Your Teac The problem describes a debt to be amortired. (Round your answers t

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Answer 1

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solution- Giver loan amount $10,0000 lime - 3 year Yare of interest = 8% = 0.08 Compolan dec annually reguler Payment = loan Payment 38,803:35 unpaid balance $109000 Interest 0.084100,000 38000 Balance reduction Payment Interest 38,803.35-8,000 330,8

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Answer 2

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