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Golden Dragon Restaurant obtained a $ 1 1 , 0 0 0 loan at 1 1 % compounded annually to replace some kitchen equipment. Prepare

Golden Dragon Restaurant obtained a $11,000 loan at 11% compounded annually to replace some kitchen equipment. Prepare a complete amortization schedule if the loan is repaid by semiannual payments over a three-year term. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.)
Payment number Payment $ Interest
portion $ Principal
portion $ Principal
balance $
0------11,000.00
1
2
3
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