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Construct an amortization schedule

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Question - A debt of P100000 is to be discharged by ten semi-annual payments, the first to be made 6 months after the loan is given. The debt will be discharged by 5 equal payments each 10,000 and 5 other equal payments of such amount that the final payment will liquidate the debt. If interest is 12% compounded semi-annually, what is the amount of the last 5 payments. Construct an amortization schedule.

Reference no: EM132707449

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