Question: 13. Creating an amortization schedule After Shipra got a job, the first thing she bought was a new car. She took out an amortized loan
13. Creating an amortization schedule After Shipra got a job, the first thing she bought was a new car. She took out an amortized loan for $45,000-with no off the loan by making annual payments for the next four years at the end of each year. Her bank is charging her an interest rate of 10% per year, Yesterday, she called to ask that you help her compute the annual payments necessary to repay her loan. Calculate the annual payment and complete t Beginning Interest Paid Principal Paid Payment Ending Balance 1$45,000.00 $0.02
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