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Prepare instalment payment schedule for the first two year

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Question - Starlight Graphics Ltd. signed a 10-year, 6.00%, $300,000 mortgage on June 30, 2021, to help finance a new research laboratory. The mortgage terms provide for semi-annual payments of $20,165. Payments are due on December 31 and June 30. The company's year-end is June 30. Prepare an instalment payment schedule for the first two years.

Reference no: EM133071604

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