Suppose you take a $2,000 loan at 5% annual rate to be repaid in two...
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Suppose you take a $2,000 loan at 5% annual rate to be repaid in two years. If you construct a loan amortization table for this loan, what will be the beginning balance at the beginning of the second year? None of the above $1075.61 $1024.39 $975.61 $100
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