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Monica bought a $1800 4K Ultra HD TV for 15% down, with the balance to be paid with interest at 15% compounded monthly in
Monica bought a $1800 4K Ultra HD TV for 15% down, with the balance to be paid with interest at 15% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Payment number Principal balance $1530.00 Payment Interest portion Principal portion 1 $ 2$ 2 4 Total interest %24 %24
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Loan amount A08518001530 Monthly payment1530100125 6 100125100125 ...
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
