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Beginning Balance Total Payment Payment Interest Paid Principal Paid Ending Balance Year 1 $ $ 65,000.00 2 3 4 5 Totals LOAN (PV) = $65,000

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Beginning Balance Total Payment Payment Interest Paid Principal Paid Ending Balance Year 1 $ $ 65,000.00 2 3 4 5 Totals LOAN (PV) = $65,000 Term (YRS) 5 6.50% GET ANSWER TO EXACT PENNY =Round(-PMT(C12, C11, C10),2) PMT=

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