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Question 1 0 . 3 8 / 1 pts On 1 / 1 / 2 0 2 1 , Green Ltd . borrowed $ 5

Question 1
0.38/1 pts
On 1/1/2021, Green Ltd. borrowed $50,000 from XYZ Bank for 5 years at 4%. Equal principal and interest payments of $11,231 are due each December 31. Complete the amortization table provided (the last payment should be entered as $11,233 due to rounding).
\table[[Date,Payment,Interest Expense,Principal Reduction,Liab.],[1/1/2021,,,,50000],[12/31/2021,,2000,9231,40769],[12/31/2022,,1630.76,9600.24,31168.76],[12/31/2023,,,9984.25,21184.51],[12/31/2024,,,10383.62,10800.89],[12/31/2025,11231,430.11,10800.89,]]
Answer 1:
50000
Answer 2:
11231
Answer 3:
2000
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