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You have taken a loan of $10,000.00 for 4 years at 2.5% compounded monthly. (Round all answers to 2 decimal places.) Just need the blanks
You have taken a loan of $10,000.00 for 4 years at 2.5% compounded monthly. (Round all answers to 2 decimal places.) Just need the blanks filled in please.
Payment number | Payment amount | Principal Amount | Interest | Balance |
0) | $10,000.00 | |||
1) | $219.14 | $198.31 | $ | $9801.69 |
2) | $ | $ | $9602.97 | |
3) | $199.14 | $ | $9403.83 |
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