Complete the following loan amortization schedule for a three year, annual compounding loan of $15,000...

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Finance

Complete the following loan amortization schedule for a three year, annual compounding loan of $15,000 at 5 percent. Must show your work.

End of Beginning of Loan Interest Principal End of Year Year Year Principal Payment Payment Payment Balance___

1 $15,000

2

3 $0.00

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