Construct a full amortization schedule for the following scenario. The schedule should include: Payment number,...
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Finance
Construct a full amortization schedule for the following scenario. The schedule should include: Payment number, payment amount, Interest Portion, Principal portion, and Principal Balance. Dejardines Financial has provided a $53,217 loan to Your Finished Inc. that earns interest at a rate of 6.5% compounded monthly. The loan is to be paid back in equal payments at the end of each month over a three-year term. In addition to the amortization schedule, how much interest was paid over the life of the loan?
need answer in ms excel
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