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Prepare an amortization schedule for a three - year loan of $ 8 7 , 0 0 0 . The interest rate is 1 0
Prepare an amortization schedule for a threeyear loan of $ The interest rate is percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan?
Note: Leave no cells blank. Enter where necessary. Do not round intermediate calculations and round your answers to decimal places, egPrepare an amortization schedule for a threeyear loan of $ The interest rate is percent per year, and the loan calls for equal
annual payments. How much total interest is paid over the life of the loan?
Note: Leave no cells blank. Enter where necessary. Do not round intermediate calculations and round your answers to
decimal places, eg
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