Question: loan amortization schedule, Managerial Finance class question: Construct an amortization schedule for a $300,000 loan with a 3.5% interest rate compounded monthly. The loan will

loan amortization schedule, Managerial Finance class question:

Construct an amortization schedule for a $300,000 loan with a 3.5% interest rate compounded monthly. The loan will be paid back in 15 years making monthly payments.

Identify the principal and interest payment of each month.

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