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Question 18 (2 points) Consider a loan of $8,000 charging interest at j12=6% with monthly payments of $321.50 Calculate the missing amounts in the amortization

Question 18 (2 points) Consider a loan of $8,000 charging interest at j12=6% with monthly payments of $321.50 Calculate the missing amounts in the amortization table. # PMT Interest Principal Balance 8,000.00 1 321.50 40.00 281.50 7.718.50 2 321.50 A B C A/ Page 18 of 25

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