1. Prepare an amortization schedule for a ten-year loan of $200,000. The interest rate is 9% per year and the loan calls for equal annual payments. Prepare an amortization schedule for the 10 years.

Loan amount
Interest rate
Number of years
Equal Payments

Generate the Loan amortization table with equal payment.

Years	Beginning Balance	Total Payment	Interest Paid	Principal Payment	Ending Balance
1
2
3
4
5
6
7
8
9
10
Total