Question
QUESTION 3 Bob Katz is purchasing a new Honda Pilot for $35,000. He is financing $32,000 with a six year, 4% loan with annual payments.
QUESTION 3
Bob Katz is purchasing a new Honda Pilot for $35,000. He is financing $32,000 with a six year, 4% loan with annual payments. Construct an amortization schedule, in the 2nd year row, corresponding to his second annual payment, what is the dollar amount of the principal reduction?
| a) | $4704 | |
| b) | $5018 | |
| c) | $4825 | |
| d) | $4523 |
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Ebay Tips And Tricks To Increase Your Ebay Sales
Authors: Jessica Wilson
1st Edition
1774854015, 978-1774854013
