Prepare an amortization schedule for a 10-year loan of
Prepare an amortization schedule for a 10-year loan of $150,000. The interest rate is 8% per year, and the loan calls for equal annual payment. How much interest is paid in the eighth year? How much total interest is paid over the life of the loan?
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a bond is issued with a coupon of 4 paid annually a maturity of 30 years and a yield to maturity of 7 what rate of
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prepare an amortization schedule for a 10-year loan of 150000 the interest rate is 8 per year and the loan calls for
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