Question: , to solve the problems? 1. Construct an amortization schedule for a S 1,000, 4% annual interest loan with three equal installments. 2. What is

, to solve the problems? 1. Construct an amortization schedule for a S 1,000, 4% annual interest loan with three equal installments. 2. What is the annual interest expense for the borrower and the annual interest income for the lender m during Year 2

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