Question: Prepare a loan amortization table for the first 6 months of the loan, assuming the loan term is the term you chose in question 2.

Prepare a loan amortization table for the first 6 months of the loan, assuming the loan term is the term you chose in question 2. Period Payment Interest Exp. Amort. Balance 0 1 2 3 4 5 6 What is the total interest expense for the first 3 months?

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