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please help your results. Your amortization schedule should show the monthly payments, interest and running loan balance until the maturity of the loan. Additionally, show
please help your results. Your amortization schedule should show the monthly payments, interest and running loan balance until the maturity of the loan. Additionally, show totals of payments and interests over the term of the loan as well as calcule an effective interest rate. Pick an option, from above, that works best for your personal situation. Write a narrative telling me WHY you would pick the option you chose. Now..... 4. After 6 months, you sold your old vehicle and received $3,800, cash and have decided to pay it towards the financing YOU CHOSE. Additionally, you found out that the company usually awards a Christmas bonus each year of $750. You believe that you can apply that $750, every year, to your car note, at the end of December of each year (12th month). Based on the option that you selected above, update your amortization schedule and provide a narrative on how the amortization changes. 5. What if you are able to pay an extra $25 per month against the loan? Describes how your loan changes. your results. Your amortization schedule should show the monthly payments, interest and running loan balance until the maturity of the loan. Additionally, show totals of payments and interests over the term of the loan as well as calcule an effective interest rate. Pick an option, from above, that works best for your personal situation. Write a narrative telling me WHY you would pick the option you chose. Now..... 4. After 6 months, you sold your old vehicle and received $3,800, cash and have decided to pay it towards the financing YOU CHOSE. Additionally, you found out that the company usually awards a Christmas bonus each year of $750. You believe that you can apply that $750, every year, to your car note, at the end of December of each year (12th month). Based on the option that you selected above, update your amortization schedule and provide a narrative on how the amortization changes. 5. What if you are able to pay an extra $25 per month against the loan? Describes how your loan changes
please help
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