Question
On January 1, 2015, New West borrowed $200,000 from the bank and signed a 6 year note at 7%. the $41,960 payments are due on
On January 1, 2015, New West borrowed $200,000 from the bank and signed a 6 year note at 7%. the $41,960 payments are due on December 31 of each year for the next 6 years and are equal in amount each year. Prepare an amortization schedule for the 1st and 2nd payments
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
