A debt of $80,000 is amortized by making equal payments at the end of every month for

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A debt of $80,000 is amortized by making equal payments at the end of every month for ten years. Interest is 6% compounded quarterly.

a)Construct a partial amortization table of including totals of 1, 2, 3, 44, 66, and 77.

including

Amount Paid

Interest Paid

Principal Repaid

Outstanding Principal Balance

Posted Date: May 19, 2024 10:15 AM

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A debt of $80,000 is amortized by making equal payments at the end of every month for

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