A company borrowed $18,000 paying interest at 6% compounded semi-annually. If the loan is repaid by payments of 52000 made at the end of payments, the total paid, and the total interest paid. Complete...


A company borrowed $18,000 paying interest at 6% compounded semi-annually. If the loan is repaid by payments of 52000 made at the end of<br>payments, the total paid, and the total interest paid.<br>Complete the table below for the last three payments.<br>(Do not round until the final answer. Then round to the nearest cent as needed.)<br>Payment<br>Number<br>Outstanding<br>Principal<br>Interest Paid Principal Repaid<br>$213<br>Amount Paid<br>9.<br>$2000<br>241787<br>10<br>$2000<br>11<br>$0<br>Total Paid = S<br>(Do not round until the final answer. Then round to the nearest cent as needed)<br>Interest Paid = $<br>(Do not round until the final answer. Then round to the nearest cent as needed.)<br>

Extracted text: A company borrowed $18,000 paying interest at 6% compounded semi-annually. If the loan is repaid by payments of 52000 made at the end of payments, the total paid, and the total interest paid. Complete the table below for the last three payments. (Do not round until the final answer. Then round to the nearest cent as needed.) Payment Number Outstanding Principal Interest Paid Principal Repaid $213 Amount Paid 9. $2000 241787 10 $2000 11 $0 Total Paid = S (Do not round until the final answer. Then round to the nearest cent as needed) Interest Paid = $ (Do not round until the final answer. Then round to the nearest cent as needed.)
D made at the end of each 6 months, construct a partial amortization schedule showing the last three<br>

Extracted text: D made at the end of each 6 months, construct a partial amortization schedule showing the last three

Jun 09, 2022
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