Consider the amortization table below. What is the balance after the eleventh payment? Loan Amount Interest Rate

Consider the amortization table below. What is the balance after the eleventh payment?

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Loan Amount Interest Rate (annual) Term (Years) Monthly Payment Amortization Schedule Calculator $45,000.00 13.90% 10 $696.00 Month Payment Principal Interest Total Interest Balance $45,000.00 1 $696.00 $174.75 $521.25 $521.25 $44,825.25 2 $696.00 $176.77 $519.23 $1,040.48 $44,648.48 3 $696.00 $178.82 $517.18 $1,557.65 $44,469.67 4 $696.00 $180.89 $515.11 $2,072.76 $44,288.78 5 $696.00 $182.98 $513.01 $2,585.77 $44,105.79 6 $696.00 $185.10 $510.89 $3,096.66 $43,920.69 7 $696.00 $187.25 $508.75 $3,605.41 $43,733.44 8 $696.00 $189.42 $506.58 $4,111.99 $43,544.03 9 $696.00 $191.61 $504.38 $4,616.38 $43,352.41 10 $696.00 $193.83 $502.17 $5,118.54 $43,158.58 11 $696.00 $196.08 $499.92 $5,618.46 $42,962.51 12 $696.00 $198.35 $497.65 $6,116.11 $42,764.16 13 $696.00 $200.64 $495.35 $6,611.46 $42,563.52 14 $696.00 $202.97 $493.03 $7,104.49 $42,360.55