apter 15 HW A Saved Dr. Alvano borrowed $8,000 at 8% compounded quarterly to purchase a new X-ray machine for his clinic. The agreement requires quarterly payments of $1,000 (except for a smaller...

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Extracted text: apter 15 HW A Saved Dr. Alvano borrowed $8,000 at 8% compounded quarterly to purchase a new X-ray machine for his clinic. The agreement requires quarterly payments of $1,000 (except for a smaller final payment). Prepare the full amortization schedule for the loan. Calculate the total interest charges. (Do not round Intermedlate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certaln to enter "O" wherever requlred.) Payment number Interest Principal portion $ Principal balance $ $8,000.00 Payment $ portion $ nts -- 1,000.00 2. 1,000.00 1,000.00 1,000.00 1,000.00 eBook 4 6. 1,000.ee 7. 1,000.00 Print 1,000.00 9. Total: References Mc Graw Hill 3 of 9 < prev="" 'kt=""> N W connect 00 中