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Drill Problem 18-8 (Algo) [LU 18-2 (2)] Bob Jones bought a new log cabin for $60,000 at 6.00% interest for 30 years. Prepare an
Drill Problem 18-8 (Algo) [LU 18-2 (2)] Bob Jones bought a new log cabin for $60,000 at 6.00% interest for 30 years. Prepare an amortization schedule for the first three periods. Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Payment Number Portion to Balance of loan Interest Principal outstanding 1 2 3
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
