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b. Set up an amortization schedule for a $60,000 loan to be repaid in 20 equal annual installments.. 1 answer below » b. Set up an amortization schedule for a $60,000 loan to be repaid in 20 equal annual installments at an interest rate of 10 percent. What is the annual payment? $7,047.58 Nov 03 2015 06:05 AM