Question: Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $40,000 for 1 year at 12% compounded quarterly PeriodPayment InterestBalance

Develop an amortization schedule for the loan described. (Round your answers

Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $40,000 for 1 year at 12% compounded quarterly PeriodPayment InterestBalance Reduction Unpaid Balance $40,000 3 4 $0.00

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