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# Create an amortization schedule, and graph the components over time: interest, principal, and balance. Loan Value = (\$1120/\$8.

Create an amortization schedule, and graph the components over time: interest, principal, and balance.
Loan Value = (\$1120/\$8.84)*1000 = \$126,697
And the total payment (as 3% down payment is made)= \$126,697/(1-0.03) = \$130,615 / Loan Value = (\$400/\$8.84)*1000 = \$45249
And the total payment (as 10% down payment is made) = \$45,249/(1-0.1) = \$50,277

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Loan Amorization table
Create an amortization schedule, and graph the components over time: interest, principal, and balance.
Loan Value = (\$1120/\$8.84)*1000 = \$126,697
And the total payment (as 3%...

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