Develop the payment schedule including interest

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Reference no: EM131022686

Pacific furniture,Inc. borrowed $100000 for five years at 6% annual interest payable twice per year including 10% of the total borrowed amount in each payment.please develop the payment schedule including interest,principal balance and payment. how much total will pacific furniture,inc. pay to the bank at the end of the fifth year?how much interest will pacific furniture,inc. totally pay to the bank for five years?

Reference no: EM131022686

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