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Use the amortization table to determine how much of the 2nd payment is used to reduce the debt. Use the amortization table to determine how
Use the amortization table to determine how much of the 2nd payment is used to reduce the debt.
Use the amortization table to determine how much of the 2nd payment is used to reduce the debt. Click the icon to view the amortization table. The amount of the 2nd payment used to reduce the debt IS (Type an Integer or a decimal.) O Amortization Table Amortization Table Payment Number 2 3 6 6 7 8 9 10 11 12 Amount of Payment $430.33 $430.33 $430.33 $430.33 $430.33 $430.33 $430.33 $430.33 $430.33 $430.33 $430_33 $430_35 Interest for Period $25.00 $22.97 $20.94 $18.89 $16.83 $14.76 $12.69 $10.60 $8.60 $6.39 $4.27 $2.14 Portion to Principal $406.33 $407_36 $409.39 $411_44 $413.60 $416.57 $417.64 $419_73 $421.83 $423.94 $426_06 $428.21 Principal at End of Period 54594.67 54187.31 53777.92 $3366_48 $2962_98 52637 _ 41 $2119_77 51700.04 $1278_21 $854.27 $428.21 so_oo print Done
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