Question: Construct a loan amortization schedule for a 3-year, 10 percent loan of $30,000. The loan requires three equal, end-of-year payments. Use Table IV or a

Construct a loan amortization schedule for a 3-year, 10 percent loan of $30,000. The loan requires three equal, end-of-year payments. Use Table IV or a financial calculator to answer the question. Round your answers to the nearest dollar.

End of Year	Payment	Interest (10%)	Principal Reduction	Balance Remaining
0	-	-	-	$ 30,000

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