Chapter 10 A company takes out a six-year, S500,000 long-term loan on March 1. The interest rate on the loan is 4% per year, and blended payments of $7,823 (including both interest and principal) are to be made at the end of each month. The following is an extract from the loan amortization table the bank provided the company: Beginning Loan Balance Payment Interest Principal Ending Loan Balance 500,000 487.667 Payment 1 Payment 2 Payment 3 Payment 4 493 844 487,667 1,667 (2) 1,626 (6) 7,823 ,823 7,823 6,156 (3) 6,197 6,218 7 475.252 Required Determine the missing amounts. 41P Chapter 10 A company takes out a six-year, S500,000 long-term loan on March 1. The interest rate on the loan is 4% per year, and blended payments of $7,823 (including both interest and principal) are to be made at the end of each month. The following is an extract from the loan amortization table the bank provided the company: Beginning Loan Balance Payment Interest Principal Ending Loan Balance 500,000 487.667 Payment 1 Payment 2 Payment 3 Payment 4 493 844 487,667 1,667 (2) 1,626 (6) 7,823 ,823 7,823 6,156 (3) 6,197 6,218 7 475.252 Required Determine the missing amounts. 41P