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Big Printing Inc

Question 72

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Big Printing Inc. is repaying a loan of $37 300.00 by making payments of $2300.00 at the end of every three months. If interest is 3.5% compounded quarterly, construct an amortization schedule showing the total paid and the total cost of the loan. What is the total interest paid and cost of the loan?

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Amortization Schedule (done us...

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