Question: V. Prepare an amortization schedule for a 3 year loan of $80,000. The interest rate is 9% per year and the loan calls for equal

V. Prepare an amortization schedule for a 3 year loan of

V. Prepare an amortization schedule for a 3 year loan of $80,000. The interest rate is 9% per year and the loan calls for equal annual payments each year of $31,604.38. Year Beginning Balance Total Payment Interest Payment Principal Payment Ending Balance

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