Set up an amortization schedule

Reference no: EM13275293

Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10%, compounded annually, and the annual payment is $ 6,594.94.

Reference no: EM13275293

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Set up an amortization schedule : Set up an amortization schedule for a $25,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 10%, compounded annually, and the annual payment is $ 6,594.94.

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