Pv factor?

Norwood borrows 520000 in cash from a bank by signing a five year installment note bearing 6% interest. The note requires equal total payments each year on October 31.

On November 1, 2015, Norwood borrows $520,000 cash from a bank by signing a five-year installment note bearing 6% interest. The note requires equal total payments each year on October 31 Table B.2 Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Required 1. 1. Complete the below table to calculate the total amount of each instalment payment Amount of Initial Cash Proceeds PV Factor annual S 520,000 4 1002; $ 2. Complete an amortization table for this instlliment note. (Round your intermediate calculations to the nearest dollar amount.) Period Ending Beginning Debit Interest Debit Notes Ending Credit CashBalance Date 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 Total Balance Expense Patble