What is the annual interest expense for the borrower and
1. Construct an amortization schedule for a $1,000, 4% annual interest loan with three equal installments.
2. What is the annual interest expense for the borrower and the annual interest income for the lender during Year 2?
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1 construct an amortization schedule for a 1000 4 annual interest loan with three equal installments2 what is the
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