Equal principal annual payment plan

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Engineering economic problem: Using future and present values I want a cash flow diagram for this equal principal annual payment plan. Creating a table and a cash flow for repayment period of 5 years, I want to borrow $2m from a bank. Interest rate 10%. Find me Proncipal payements, interest, amount to pay each year, and unpaid balance at the end. Then construct a cash flow diagram for the above information.

Reference no: EM131939965

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