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Complete the following amortization table. Be careful to note that there is no payment at t = 2. (Round your answers to the nearest cent.)
Complete the following amortization table. Be careful to note that there is no payment at t = 2. (Round your answers to the nearest cent.) Time Interest Principal Balance (years since Payment in in after loan) Payment Payment Payment $ 27068.72 x 1 $7,000.00 $ 2320.28 $ 4679.72 $22,389.00 0 3 $ 14404.14 $1,919.14 $ 12485 $9,904.00 4 10752.95 x $ 848.95 X 9904 $0 Complete the following amortization table. Be careful to note that there is no payment at t = 2. (Round your answers to the nearest cent.) Time Interest Principal Balance (years since Payment in in after loan) Payment Payment Payment $ 27068.72 x 1 $7,000.00 $ 2320.28 $ 4679.72 $22,389.00 0 3 $ 14404.14 $1,919.14 $ 12485 $9,904.00 4 10752.95 x $ 848.95 X 9904 $0
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