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Payment Number Payment Interest Paid Principal Paid Outstanding Balance 0 $150 1 N W 4 Mr. Smith borrowed $150. He will pay it back by

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Payment Number Payment Interest Paid Principal Paid Outstanding Balance 0 $150 1 N W 4 Mr. Smith borrowed $150. He will pay it back by 4 equal QUARTERLY payments of 39.39 at an interest rate of 8% compounded QUARTERLY. Complete the amortization table shown in the image IN YOUR ROUGH WORK to show the repayment of the loan. Type YES in the blank below if you have shown this in your rough work. How much interest does Mr. Smith pay? Find it in 2 ways (SHOW IN YOUR ROUGH WORK), using the regular payment and using the amortization table

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