Large semitrailer trucks cost $120,000 each. A trucking company buys such a truck and agrees to pay for it by a loan that will be amortized with 6 semiannual payments at 9% compounded semiannually. Complete an amortization schedule for the first four payments of the loan.

Bus Econ 5.4.64 : Question Help Large semitrailer trucks cost $120,000 each. A trucking company buys such a truck and agrees to pay for it by a loan that will be amortized with 6 semiannual payments at 9% compounded semiannually. Complete an amortization schedule for the first four payments of the loan. Fill out the amortization schedule below. (Round to the nearest cent as needed. Do not include the $ symbol in your answers.) Payment Amount of Interest Applied to Number Payment Balance Payment Principal $120,000 1 $