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A debt of 511,800 with interest at 8% compounded somi annually is repaid by payments of $1,750 made at the end of every 3 months.

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A debt of 511,800 with interest at 8% compounded somi annually is repaid by payments of $1,750 made at the end of every 3 months. Construct an amortization schedule showing the total paid and the total cost of the debt. Complete the amorization schedule. (Round to the nearest cent as needed.) Payment Number Amount Paid Interest Paid Principal Repaid Outstanding Principal Balance 0 $11,800 1 $1,750 2 $1,750 $1,750 3 $1,750 4 $1,750 5 $1,750 6 7 $1,750 $0 8 The total paid is $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The total interest is $ (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed)

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