Question
Prepare an amortization schedule for a 5-year loan of $39,000. The interest rate is 9 percent per year, and the loan calls for equal annual
Prepare an amortization schedule for a 5-year loan of $39,000. The interest rate is 9 percent per year, and the loan calls for equal annual payments.
Beggining Balance Total Payment Interest Payment Principal Payment Ending Balance
1. 39,000
2
3
4
5
Total Interest Paid______
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Survey Of Accounting
Authors: Carl S. Warren
4th Edition
0538478144, 9780538478144
