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Prepare an ammortization schedule for this question and answer all of the parts correctly also at the last please give the total of payment, interest
Prepare an ammortization schedule for this question and answer all of the parts correctly also at the last please give the total of payment, interest portion, principal portion
Question 3 of 7 Vincent received a loan of $28,000 at 4.5% compounded semi-annually. She had to make payments at the end of every half-year for a period of 6 years to settle the loan. a. Calculate the size of payments. Round to the nearest cent Question 3 of 7 b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Payment Interest Portion Payment Number Principal Portion Principal Balance 0 $28,000.00 > Question 3 of 7 1 l.[ X X x X 2 x x x x 7 Question 3 of 7 11 (X) (X) (X 12 0.00 x) (X) (X) Total x) (x (X) \
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