Question: One retailer charges $ 1 0 4 8 for a laptop computer. A firm of tax accountants buys 8 of these laptops. They make a

One retailer charges $1048 for a laptop computer. A firm of tax accountants buys 8 of these laptops. They make a down payment of $1200 and agree to amortize the balance with monthly payments at 6% compounded monthly for 4 years. Prepare an amortization schedule showing the first four payments for this loan.

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