ok suppose you borrow $15,000. the intetest rate is 8%, and it requires 4 equal end of year payments. set up an amortization schedule that shows annual payments, interest payments, principal repayments and beginning and ending loan balances. round your answers to the nearest cent. if your andwer is zero, enter 0.

please use an excel spreadsheet with formulas included.

Wake lech Self Serv... Wake lech Email Blackboard M Connect Cengage DTAP READSHEET PROBLEM-TIME VALUE OF MONEY CASE 1. Suppose you borrow $15,000. The interest rate is 8%, and it requires 4 equal end-of-year payme amortization schedule that shows the annual payments, interest payments, principal repayments, a ending loan balances. Round your answers to the nearest cent. If your answer is zero, enter "0". Beginning Balance Repayment of Principal Year Payment Interest 1 $ $ $ $ $ $ $ 2 $ $ 3 $ A $ $ 4 $ 4A $ A $ Choose the correct graph that shows how the payments are divided between interest and principal The correct graph is