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On January 1, 2018, Stoops Entertainment purchases a building for $570,000, paying $120,000 down and borrowing...

On January 1, 2018, Stoops Entertainment purchases a building for $570,000, paying $120,000 down and borrowing the remaining $450,000, signing a 8%, 20-year mortgage. Installment payments of $3,763.98 are due at the end of each month, with the first payment due on January 31, 2018.

A.  Complete the first three rows of an amortization schedule.

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