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Use the amortization schedule shown below for a 3 year loan to calculate the total interest paid over the life of the loan Correct Answers
Use the amortization schedule shown below for a 3 year loan to calculate the total interest paid over the life of the loan
Correct Answers 387039 with margin: 0.01) 0 / 1 pts Question 4 Use the amortization schedule shown below for a 3 year loan to calculate the total interest paid over the life of the loan. Do not include a dollar sign in your answer. 1 interest Paid $0.00 $60.00 $58.54 $57.07 $55.59 Month Principal para 0 $0.00 $194 40 2 $195.86 3 $19732 $198.80 $200.30 $201.80 $203.31 $204.84 9 $206.37 10 $20792 Loan Balance $8,000.00 $7,805.60 $7,609.75 $7,412.42 $7,213.62 $7,013.32 $6,811.52 $6,608.21 $6,403.38 $6,197.00 $5,989.08 $54.10 $52.60 $51.09 $49.56 28.03 $46.48 You Answered 9.158.04 Correct Answers 1.158.4 (with margin: 0:36) 0 / 1 pts Question 5 dole chawinabelafraivaan Use the letration OStep by Step Solution
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