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Bob Jones bought a new log cabin for $63,000 at 10% interest for 30 years. Prepare...

Bob Jones bought a new log cabin for $63,000 at 10% interest for 30 years. Prepare an amortization schedule for the first three periods. (Use Table 15.1.) (Do not round intermediate calculations. Round your final answers to the nearest cent.)

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Expert Solution

The First 3 instalment = $ 553 each

jeff jeffy answered 1 year ago
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