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Fill in an amortaization table for a loan of $5,300 to be paid back over 4 years, at an annual interest rate of 1.8% compounded
Fill in an amortaization table for a loan of $5,300 to be paid back over 4 years, at an annual interest rate of 1.8% compounded semiannually. At each step, round your answers to the nearest cent and use these values to calculate the next. Payment Amount Payment Number 0 Payment Amount to Interest Payment Amount to Debt Outstanding Pri 5300 1 675.99 23.85 652.14 4647.86 2 675.99 20.92 655.07 3992.79 3 675.99 17.97 658.02 3334.78 4. 675.99 15.01 660.98 2673.80 5 675.99 12.03 663.95 2009.84 6 675.99 9.04 666.94 1342.90 7 675.99 6.04 669.94 672.96 8 675.99 3.03 672.96 0
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