1 2 MEESTE A On January 1, Year 1, Beatie Company borrowed $200,000 cash from Central Bank by issuing a five-year, 6 percent note. 3 The principal and interest are to be paid by making annual payments in the amount of $47,479. Payments are to be made 4 December 31 of each year, beginning December 31, Year 1 14 6 Required 7 Prepare an amortization schedule for the interest and principal payments for the five-year period. 15 16 17 18 19 20 21 22 B 9 Note: Use cell references from the given information above to complete this question. 10 11 12 13 Year D Year 1 Year 2 Year 3 Year 4 Year 5 BEATIE COMPANY Amortization Schedule $200,000, 5-Year Term Note, 6% Interest Rate Cash Payments December 31 Principal Balance on January 1 $200,000 Applied to Interest Applied to Principal Principal Balance End of Period $200,000 $47,479 6% 5

please help me woth the excel formula

On January 1. Year 1, Bease Company borrowed 5200,000 cash from Centrat Bank by iswing a five veas, 6 percent note. The principuland interet are to be paid by mating annuyl psyments in the amount of 547,479 . Pavments are to be made December 31 of each year, beginning December 31 , year 1