Question: Prepare an amortization schedule for a five - year loan of $ 6 7 , 0 0 0 . Assume the loan agreement calls for
Prepare an amortization schedule for a fiveyear loan of $ Assume the loan agreement calls for a principal reduction of $ every year. The interest rate is percent per year. Do not round intermediate calculations and round your answers to decimal places, eg Leave no cells blank be certain to enter wherever required.
How much total interest is paid over the life of the loan? Do not round intermediate calculations and round your answer to the nearest whole number, eg
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