Solution-What is the annual installments payment

What is the annual installments payment

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Use the computerized model in the Amortization.xls to solve this problem. a. Set up an amortization schedule for a $30,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 10 percent. What is the annual payment?

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What is the annual installments payment : Set up an amortization schedule for a $30,000 loan to be repaid in equal installments at the end of each of the next 20 years at an interest rate of 10 percent. What is the annual payment?

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What is the annual installments payment

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