Question: Instructions: Solve and complete the amortization table. Problem. A P45,000 loan at 10% compounded monthly is to be amortized every month a year. Find the

Instructions: Solve and complete the amortization table. Problem. A P45,000 loan at 10% compounded monthly is to be amortized every month a year. Find the monthly payment and construct an amortization table. Solution: Period Periodic Payment | Interest Payment Principal Repayment Outstanding Principal 0 1 3 5 6 8 LD 10 11 12

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