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15. Jeff and Teara Rubysam need to take out a loan for $7,000. If their bank agrees to lend them the money at 8% per annum and they make 5 annual...

This question was created from Time Value Assignment - 301 Finance .doc https://www.coursehero.com/file/31523860/Time-Value-Assignment-301-Finance-doc/

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Rest of question 15. .... date, what is the amount of each payment. Create a amortization schedule to show the loan payoff schedule.

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15. Jeff and Team Rubysarn need tn take nut in lean fer $1000- If
their bank agrees tg lend them the r'rmnneflur at 0% per annum and the}.r malte 5 annual payme n13 beginning ene “fear team the lending

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