Calculate or fill in the values of beginning loan balance, Financial Management

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Calculate or fill in the values of beginning loan balance

CPM Loan Consider a $10,000 fully amortizing CPM loan made at a 12 percent annual (nominal) rate of interest for 3 years. B) Fill in the amortization schedule for each month (calculate or fill in the values of beginning loan balance, monthly payment, interest, amortization, and ending loan balance). Be sure to show calculations if needed (i.e. do not simply type in values but reference other cells to compute the calculations.

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Financial Management: Calculate or fill in the values of beginning loan balance

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