Question: Prepare an amortization schedule for a three - year loan of $ 7 1 , 5 0 0 . The interest rate is 7 percent,

Prepare an amortization schedule for a three-year loan of $71,500. The interest rate is 7 percent, and the loan calls for equal semi-annual payments. What is the semi-annual payment amount? How much total interest is paid over the life of the loan?
Prepare an amortization schedule for a three-year loan of $71,500. The

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