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You have finally purchased a new car for $ 1 5 , 0 0 0 . You take out a 3 - year loan at
You have finally purchased a new car for $ You take out a year loan at interest. Your payments are $ month.
Complete the information on the loan amount, interest rate, months, and payments. Format as indicated.
Fill in the amortization schedule below. Note: The remaining balance may not be zero.
Please Include all steps to input in excel
What is your remaining balance after paying for one year? pt
Loan amount $:
Interest rate :
Months whole #:
Payments $:
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