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Prepare an amortization schedule for a three-year loan of $114,000. The interest rate is 11 percent per year, and the loan calls for equal annual payments. How much total intere…

Prepare an amortization schedule for a three-year loan of $114,000. The interest rate is 11 percent per year, and the loan calls for equal annual payments. How much total intere…
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Prepare an amortization schedule for a three-year loan of $114,000. The interest rate is 11 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan?

asked
User Rodrigolece
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1 Answer

2 votes

Answer:

$1254.000 loan

Step-by-step explanation:

hope help keep learning

answered
User TheGreatCornholio
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