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please This Question: 1 pt 2 of 5 (1 complete) Amortization. Beth has just borrowed $3,700 on a four-year loan at 5% simple interest. Complete
please This Question: 1 pt 2 of 5 (1 complete) Amortization. Beth has just borrowed $3,700 on a four-year loan at 5% simple interest. Complete the amortization table. for the first five months of the loan. a. The beginning balance of the loan for month 2 is $(Round to the nearest cent.) b. The amount applied to principal in month 2 is $. (Round to the nearest cent.) c. The amount of the monthly payment is $. (Round to the nearest cont) d. The amount applied to interest in month 3 is $. (Round to the nearest cont.) o. The amount applied to interest in month 4 is $(Round to the nearest cont.) 1. For month 4, with a beginning balance of $3,489.75, the new balance is $. (Round to the nearest cent) 9. The amount oppled to principal in month 5 in $(Round to the nearest cont.) h. For month 5, with a beginning balance of $3,419.08, and the amount applied to principal of $70.96, the new balance is $ (Round to the nearest cont.) ar loan at 5% simple interest. Complete the amortization table, for the first five months of Round to the nearest cent.) - X Data Table Click on the icon here in order to copy the contents of the data table below into a preadsheet.) Payment Beginning Payment Applied to Applied to New Number Balance Amount Interest Principal Balance 1 $3,700 $85.21 $15.42 $69.79 $3,630.21 2 $85.21 $15.13 b $3,560.13 3 $3,560.13 d $70.38 $3,489.75 $3,489.75 $85.21 $70.67 f 5 $3,419.08 $85.21 $14.25 g a ht.) OWN h Print Done oxes gdtv ga 888 F1 80 F3 F4 F6 $ %
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