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Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, 7000$; rate, 9%; time, 18 months Homework: Section

Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, 7000$; rate, 9%; time, 18 months

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Homework: Section 5.4 Part 2 Save Score: 0 of 1 pt 5 of 5 (3 complete) HW Score: 60%, 3 of 5 pts Bus Econ 5.4.65 :s Question Help Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, $7000; rate, 9%, time, eighteen months Fill out the amortization schedule below, assume monthly payments and round all values to the nearest cent. Payment Amount of Number Payment Interest Payment Applied to Principal Balance $7000 1

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