Question: Read the scenario below and create a amortization schedule. Rajan bought a kitchen appliance for 20% down, with the balance to be paid at 15%

Read the scenario below and create a amortization schedule. Rajan bought a kitchen appliance for 20% down, with the balance to be paid at 15% compounded monthly in six equal monthly paymnets . The price of the TV is $1250 at the time of the purchase. 1. Find out the epriodic payments 2. construct the amortization schedule 3. calculate the total amount of the interest .

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