Question
Create the amortization schedule for a loan of $5,000, paid monthly over two years using an 8 percent APR. (Round your answers to 2 decimal
Create the amortization schedule for a loan of $5,000, paid monthly over two years using an 8 percent APR. (Round your answers to 2 decimal places.) Month Beginning Balance Total Payment Interest Paid Principal Paid Ending Balance 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
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Finance Directors Handbook
Authors: Glynis D Morris, Sonia McKay, Andrea Oates
5th Edition
1566768691, 978-1566768696
