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PREPARE AN AMORTIZATION TABLE AND FIND HOW MUCH IS THE NET PROCEEDS FOR THE FOLLOWING...

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PREPARE AN AMORTIZATION TABLE AND FIND HOW MUCH IS THE NET PROCEEDS FOR THE FOLLOWING CASES: Case 1: On December 31, 2019 Triangle company purchase a property by issuing 8% promissory note with face amount of 5,000,000 to yield 10% interest semi annual for 10 years. Case 2: On January 1, 2020 Square company purchase a property by issuing 15% promissory note with face amount of 5,000,000 to yield 12% interest and principal payable annually for 5 years

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