An automobile loan of $15,000 at 12% APR compounded monthly for 36 months requires equal monthly payments of $498.21. (a) Complete the following table for the first two payment periods as you would...

An automobile loan of $15,000 at 12% APR compounded monthly for 36 months requires equal monthly payments of $498.21.

(a) Complete the following table for the first two payment periods as you would expect the bank to calculate the values (show all calculations made below the table):

b) What is the portion of the prinicple payment to be made in the 23rd month?