Question: For this quiz, create an amortization table spreadsheet for a loan with initial balance of $50,000 at 6.43% with a monthly payment of $1200. Answer

 For this quiz, create an amortization table spreadsheet for a loan

For this quiz, create an amortization table spreadsheet for a loan with initial balance of $50,000 at 6.43% with a monthly payment of $1200. Answer the following questions based on that spreadsheet First question: What will the loan balance be after the first payment is made

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