Question: please show all work A loan amount $500 at a nominal annual interest rate of 6% compounded monthly is repaid by 5 monthly payments, starting

please show all work

A loan amount $500 at a nominal annual interest rate of 6% compounded monthly is repaid by 5 monthly payments, starting one month after the loan is made. The first two payments are amount $X each and the next three payments are amount $3X each. Construct the amortization schedule

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