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Givens, Hong, and Partners obtained a $7200 term loan at 8.7% compounded annually for new boardroom...

Givens, Hong, and Partners obtained a $7200 term loan at 8.7% compounded annually for new boardroom furniture. Prepare a complete amortization schedule in which the loan is repaid by equal semiannual payments over three years. (Round your answers to the nearest cent. Do not round the intermediate calculations.)
Payment Interest Principal Principal
number Payment $ portion $ portion $ balance $
0    --   -- -- 7200.00
1
2
3
4
5
6

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