Question: Develop an amortization schedule for the loan described below: $10,000 for 1 year at 12% compounded quarterly. A) First compute the regular payment. Answer is

Develop an amortization schedule for the loan described below: $10,000 for

Develop an amortization schedule for the loan described below: $10,000 for 1 year at 12% compounded quarterly. A) First compute the regular payment. Answer is B) Fill in the table below: Do NOT use a comma when entering your answer. Period Payment Interest Portion to Principal Balance at end of period 10.000

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