Question: Suppose you just borrowed $ 5 2 , 0 0 0 and arranged for a 2 - year loan with monthly payments beginning one month

Suppose you just borrowed $52,000 and arranged for a 2- year loan with monthly payments
beginning one month from today. Prepare the amortization schedule for this loan. The interest
rate is 7.40%. Show the total amounts in payment, interest, and principal. To complete this part
efficiently, set up the formulas in the first row of the table, and utilize Copy/Paste to fill out the
remaining cells.
Suppose you just borrowed $52,000 and arranged for a 2- year

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