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YEAR BEG BAL PMT INT PRIN END BAL 1 $1,000 $360 X $320 2 N $680 $360 $27 $347 3 $347 $360 $14 $347 0

YEAR BEG BAL PMT INT PRIN END BAL 1 $1,000 $360 X $320 2 N $680 $360 $27 $347 3 $347 $360 $14 $347 0 TOTAL $1,081 $81 $1,000 The Value of X in the chart above (1st year interest)? $27 $680 $81 $40 $360

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