Question: I would like the answer to the question attached below After Shipra got a job, the first thing she bought was a new car. She

 I would like the answer to the question attached below After

I would like the answer to the question attached below

Shipra got a job, the first thing she bought was a new

After Shipra got a job, the first thing she bought was a new car. She took out an amortized loan for $30,000with no ($0) down payment. She agreed to pay off the loan by making annual payments for the next four years at the end of' each year. Her bank is charging her an interest rate of 10% per year. Yesterday, she called to ask that you help her compute the annual payments necessary to repay her loan. Calculate the annual payment and complete the following loan amorzaticn table: Beginning Interst Principal Year Amount Payment Paid Paid Ending Balance 1 $30,000.00 2 3 4. $0.03

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