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With excel solution please and thank you The following instalment payment schedule is for an instalment note payable: Cash Payment Interest Expense Reduction of Principal

With excel solution please and thank you

The following instalment payment schedule is for an instalment note payable: Cash Payment Interest Expense Reduction of Principal Principal Balance $ 158,000 $ 26,070 $ 6,320 $19.750 138,250 Interest Period Jan 1, 2021 July 1, 2021 Jan 1, 2022 July 1 2022 Jan 1, 2023 25,280 5,530 19,750 24.490 4,740 19,750 118.500 98.750 79.000 23,700 3,950 19,750 Is this a fixed principal or blended payment schedule

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