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You have taken a loan of $87,000.00 for 33 years at a 3.2% annual interest rate, with interest compounded quarterly. Fill in the amortization
You have taken a loan of $87,000.00 for 33 years at a 3.2% annual interest rate, with interest compounded quarterly. Fill in the amortization table below to show how the payments will be applied to interest and principal: (Round all answers to 2 decimal places. Please note the order of the headings in the table - make sure you put the answers in the appropriate columns as layed out below.) Payment number Payment amount Principal Amount 0) Interest Balance $87,000.00 1) $ 2) 3)
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