Question
Leave no ces diank - de certan to enter v wnerever requrea.) table[[Year,Beginning Balance,Total Payment,Interest Payment,Principal Payment,Ending Bala],[1, 72,000.00 , 18,032.86 , 5,760.00
Leave no ces diank - de certan to enter "
v " wnerever requrea.)\ \\\\table[[Year,Beginning Balance,Total Payment,Interest Payment,Principal Payment,Ending Bala],[1,
72,000.00,
18,032.86,
5,760.00,
12,272.86,59,7],[2,
59,727.14,
18,032.86,
4,778.17,
=>,13,254.69,46,4],[3,
46,472.44,
18,032.86,
3,717.80,
14,315.07,32,15],[4,
32,157.37,
18,032.86,
2,572.59,
15,460.27,16,69],[5,
16,697.10,
18,032.86,
1,335.77,
16,697.10,]]\ b. How much interest is paid in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\ c. How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\ b. Interest paid in third year\ c. Interest paid over the life of loan\ Prev\ 2 of 2\ Next
Leave no cels diank - de certan to enter " v " wnerever requrea.) b. How much interest is paid in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Leave no ces diank - de certan to enter "
v" wnerever requrea.)\ \\\\table[[Year,Beginning Balance,Total Payment,Interest Payment,Principal Payment,Ending Bala],[1,
72,000.00,
18,032.86,
5,760.00,
12,272.86,59,7],[2,
59,727.14,
18,032.86,
4,778.17,
=>,13,254.69,46,4],[3,
46,472.44,
18,032.86,
3,717.80,
14,315.07,32,15],[4,
32,157.37,
18,032.86,
2,572.59,
15,460.27,16,69],[5,
16,697.10,
18,032.86,
1,335.77,
16,697.10,]]\ b. How much interest is paid in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\ c. How much total interest is paid over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)\ b. Interest paid in third year\ c. Interest paid over the life of loan\ Prev\ 2 of 2\ Next
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Principles Of International Auditing And Assurance
Authors: Rick Hayes, Philip Wallage, Peter Eimers
4th Edition
9463720065, 978-9463720069
