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Business, 25.11.2021 05:50 Kizmit4938

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000, paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round up your final answer to 2 decimal places.)

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