Question: Construct an amortization schedule for a four-year, $20,000 loan at 9% interest compounded annually. ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Year Beg Bal PMT INT Prin Red End Bal 1

Construct an amortization schedule for a four-year, $20,000 loan at 9% interest compounded annually.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Year	Beg Bal	PMT	INT	Prin Red	End Bal
1
2
3
4					-

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