Question: This exercise is designed to be solved using technology such as calculators or computer spreadsheets. You borrow $17,000 with a term of four years at

This exercise is designed to be solved using technology such as

This exercise is designed to be solved using technology such as calculators or computer spreadsheets. You borrow $17,000 with a term of four years at an APR of 9%. Make an amortization table. How much equity have you built up halfway through the term? (Round your answer to two decimal places.)

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