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You are borrowing $50,000 at 2% over 3 years. Calculate payment and fill in the amortization table: (Round to the nearest two decimals.) When you
You are borrowing $50,000 at 2% over 3 years. Calculate payment and fill in the amortization table: (Round to the nearest two decimals.) When you enter your answer do not use a $. example you believe the answer is 10,452.583 then you should enter 10,452.58, you believe the answer is 4,500 then you should enter 4,500.00, etc... Payment Begining Year Balance PMT Interest Principle End of Year Balance # $50,000 11 2 11 11 3 $0
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