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Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $130,000...

Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.)

$130,000 for 3 years at 7% compounded annually

Period Payment Interest Balance Reduction Unpaid Balance
$130,000
1 $ $ $ $
2 $ $ $ $
3 $ $ $ $0.00
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