Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule . Assume that payments are made monthly.

Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments are made monthly Annual Interest Rate Payment 5.8% $290.71 Interest Paid $22.86 Paid on Principal $267.85 Balance $4,465.59 Fill out the amortization schedule below. Balance Paid on Principal $267.85 Annual Interest Interest Rate Payment Paid 5.8% $290.71 $22.86 $ (Round to the nearest cent as needed.) $4,465.59 $