Question: 60 POINT AMORTIZATION SCHEDULING PROBLEM Calculate the loan payment amount in the space below and prepare an amortization schedule in the grid provided on the

the space below and prepare an amortization schedule in the grid provided

60 POINT AMORTIZATION SCHEDULING PROBLEM Calculate the loan payment amount in the space below and prepare an amortization schedule in the grid provided on the next page) based upon the following loan information: You are buying a car for $25,000. You put no money down and borrow the entire purchase price in a loan with the following terms 8% Annual Percentage Rate 3-year loan Quarterly payments Loan payment (PMT) calculation: 2 TUU Normal text Times New... - 36 + B 2 U ... 2 3

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