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Compute your yearly payment

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Reference no: EM131719181

Question - If you are getting a $100,000 loan from your bank at annual percentage rate of 8% for 10 years.

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a) Compute your yearly payment?

b) How much is the total interest that you will be paying to the bank?

c) Make an amortization schedule showing total yearly payment, interest and principal?

Reference no: EM131719181

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