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Halep Inc. borrowed $32,000 from Davis Bank and signed a 4-year note payable stating the interest rate was 4% compounded annually. Halep Inc. will
Halep Inc. borrowed $32,000 from Davis Bank and signed a 4-year note payable stating the interest rate was 4% compounded annually. Halep Inc. will make payments of $8,815.68 at the end of each year. Prepare an amortization table showing the principal and interest in each payment. Round your answers to two decimal places. Accounting numeric field Year 1 2 3 4 Beginning Balance $ Payment Ending Interest To Principal Balance $ $
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