Question
Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 8.3% per year compounded semiannually.
Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 8.3% per year compounded semiannually. (Round your answers to the nearest cent.)
| End of Period | Payment Made | Payment Toward Interest | Payment Toward Principal | Outstanding Principle |
| 0 | 8000 | |||
| 1 | ||||
| 2 | ||||
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |
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Financial Markets And Corporate Strategy
Authors: Mark Grinblatt, Sheridan Titman
2nd Edition
0071157611, 9780071157612
