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22. AMORTIZING A LOAN Rebecca Reed just graduated from dental school and borrows $120,000 from...

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22. AMORTIZING A LOAN Rebecca Reed just graduated from dental school and borrows $120,000 from Citibank to purchase equipment. She agreed to amortize the loan with monthly payments at 10% for 4 years. Prepare an amortization schedule for the first 5 payments Payment Number Amount of Payment Interest for Period Portion to Principal Principal at End of Period

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