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Setup an amortization schedule

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1. A Company borrows $286,900 for building repairs. Setup an amortization schedule if the Company agrees to make quarterly payments for 2 years at 10% APR.

2. The Corner Store has its building remodeled for $208,700. It pays $5000 down and pays off the balance semi-annually, with payments made at the end of each period for 3½ years. Set up an Amortization schedule if the interest rate is 8% per annum.

Reference no: EM133087671

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