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To help with the start up cost of his new dental practice, Felipe is taking out a $43,000 amortized loan for 10yrs at 7.6% annual
To help with the start up cost of his new dental practice, Felipe is taking out a $43,000 amortized loan for 10yrs at 7.6% annual interest. His monthly payment for this loan is $512.66
Payment number Interest payment New loan balance Principal payment $ [ 1 $ 0 $ [] si $ 2 $ : : 45 $195.38 $317.28 $30,532.07 $ 46 $ $ Fill in tge blanks in the amortization schedule for the loan. Assume that each month is 1/12 of a year. Round your answer to the nearest cent.
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