Determine the annual payment on a 15000 loan that is to be, Financial Management

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Determine the annual payment on a 15000 loan that is to be

Determine the annual payment on a $15,000 loan that is to be amortized over a four-year period and carries a 10 percent interest rate. Also prepared a loan amortization schedule for this loan. P= principal loan $15,000, r=interest rate 10%, n=number of payments (which payments are annual), A=payment amounts per period.

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Financial Management: Determine the annual payment on a 15000 loan that is to be

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Financial Management: Determine the annual payment on a 15000 loan that is to be

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