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please help it's very hard Construct a partial amortization schedule showing the following information: 1. Payment # 0 with the original principal balance 2. Details
please help it's very hard
Construct a partial amortization schedule showing the following information: 1. Payment \# 0 with the original principal balance 2. Details for the first two payments 3. Details for the last two payments - Payment details must include payment \#, payment amount, interest portion, principal portion, and principal balance 4. Balance at the end of the loan 5. Total interest paid on the loan 2. Loan Amortization Schedule (P/Y=C/Y) Details: Kirkland Corporation obtained a $30,000 loan for new equipment at an interest rate of 8% compounded monthly. The loan contract requires equal payments at the end of each quarter over a two-year term. Total Interest paid on loan Step by Step Solution
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