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You borrowed $3000 at 9% per annum calculated on the unpaid monthly balance and agreed to repay the principal together with interest in monthly payments
You borrowed $3000 at 9% per annum calculated on the unpaid monthly balance and agreed to repay the principal together with interest in monthly payments of $500 each. Construct a complete repayment schedule. Complete the repayment schedule below. (Round to two decimal places as needed.) Payment number Amount paid Interest paid Principal repaid Balance before payment Balance after payment $3000 0 1 2 DOOD DOOD 0000 3 4 5 DODO 0 0 6 7 (Round to two decimal places as needed.) Totals
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