Construct an amortization schedule for a $1,000, 3.5% annual rate loan with 3 equal payments. The first payment will be made at the end of the1" year. Find the required annual payments $356.9 $367.2...


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Construct an amortization schedule for a $1,000, 3.5% annual rate loan with 3 equal payments. The first<br>payment will be made at the end of the1

Extracted text: Construct an amortization schedule for a $1,000, 3.5% annual rate loan with 3 equal payments. The first payment will be made at the end of the1" year. Find the required annual payments $356.9 $367.2 $377.2 $390.7 Based on the information from Question 33, what's the ending balance of the amortized loan at the end of the first year? SO $578.2 $678.1 S682.8 Based on the information from Question 33 and 34, what's the ending balance of the amortized loan at the end of the 3rd year? SO $55.4 $80.0 $1016

Jun 11, 2022
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