Prepare an amortization schedule for a 5-year loan of 45000, Financial Management

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Prepare an amortization schedule for a 5-year loan of 45000

1. Prepare an amortization schedule for a 5-year loan of $45,000. The interest rate is 16 percent per year, and the loan calls for equal annual payments.

2. If the FV of an ordinary annuity is $650; and the interest rate is 12%; what is the PV of an annuity due?

3. Your annuity grows at 8% per quarter. The first cash payment is $200. What is the PV of this growing annuity if the payments are made for 12 quarters and the interest rate is 16%?

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Financial Management: Prepare an amortization schedule for a 5-year loan of 45000

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Financial Management: Prepare an amortization schedule for a 5-year loan of 45000

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