Question: Topical Assignment Create a loan example for yourself and create an amortization for your loan. Criteria: State the purpose of the loan, the terms of

Topical Assignment Create a loan example for yourself and create an amortization for your loan. Criteria: State the purpose of the loan, the terms of the loan (including principal, interest rate and loan term) Create an amortization schedule for the loan. (this may be done by hand or in Excel) Provide the total amount of principal and interest that will be paid back over the life of the loan

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