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George owns a trucking company and purchased a new vehicle for , a farmer by...

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Accounting

George owns a trucking company and purchased a new vehicle for , a farmer by occupation, purchased a tractor for his farming land for $360,000. The equipment dealership sets up a financing plan to allow for end-of-quarter payments for the next two years at 6.5% compounded monthly. Construct a complete amortization schedule and calculate the total interest. Please use the table below to complete the schedule. Highlight the interest figure

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