Mary has decided to borrow 120000 the terms of the loan are


Mary has decided to borrow $120,000. The terms of the loan are 6% over the next 4 years. She will be making annual payments (not monthly). This is an important distinction.

Construct a loan amortization schedule that shows the 4 payments of Mary's loan.

 

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Finance Basics: Mary has decided to borrow 120000 the terms of the loan are
Reference No:- TGS0644395

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