14. (10 points) You decide to purchase a car retailing at MSRP for $33,750.00. The car dealership

gives you a $1,500.00 discount off the MSRP price and, additionally, you decide to make a

$5,400.00 down payment towards the price of the car. The dealerships financing company

approves you for a 5-year loan at a quoted interest rate of 10.20% that will be repaid monthly.

14. (10 points) You decide to purchase a car retailing at MSRP for $33,750.00. The car dealership gives you a $1,500.00 discount off the MSRP price and, additionally, you decide to make a $5,400.00 down payment towards the price of the car. The dealership's financing company approves you for a 5 -year loan at a quoted interest rate of 10.20% that will be repaid monthly. Complete the full amortization table with the following 5 columns: beginning period balance, monthly payment, interest paid, principal paid, and ending period balance. Assume no additional payments will be towards the principal balance