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CAM Loan Consider a $10,000 CAM loan made at a 12 percent annual (nominal) rate of interest for 3 years. C) Fill in the amortization
CAM Loan Consider a $10,000 CAM loan made at a 12 percent annual (nominal) rate of interest for 3 years. C) Fill in the amortization schedule for each month (calculate or fill in the values of beginning loan balance, monthly payment, interest, amortization, and ending loan balance). Be sure to show calculations if needed (i.e. do not simply type in values but reference other cells to compute the calculations Please show the steps in Excel with formula
Please explain which values are constant in CAM
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