Question: 22. + 1/11 points Previous Answers HarMathAp12 6.5.009. Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $50,000 for

 22. + 1/11 points Previous Answers HarMathAp12 6.5.009. Develop an amortization

22. + 1/11 points Previous Answers HarMathAp12 6.5.009. Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $50,000 for 3 years at 8% compounded annually Period Payment Interest Balance Reduction Unpaid Balance $50,000 $ 4000 x $ 4000 $ 54000 $ 4600 $ 4320 $ 8320 $ 58320 $ 41680 N $ 4665.6 12985.6 $ 62985.6 w $0.00

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