Monica bought a $1,850 4K Ultra HD TV 20% down and payments of $296 per month (except for a smaller final payment) including interest at 16% compounded monthly. Construct the full amortization...


Monica bought a $1,850 4K Ultra HD TV 20% down and payments of $296 per month (except for a smaller final payment) including<br>interest at 16% compounded monthly. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not<br>round Intermedlate calculations. Round your answers to 2 declmal places. Leave no cells blank - be certaln to enter
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Extracted text: Monica bought a $1,850 4K Ultra HD TV 20% down and payments of $296 per month (except for a smaller final payment) including interest at 16% compounded monthly. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not round Intermedlate calculations. Round your answers to 2 declmal places. Leave no cells blank - be certaln to enter "O" wherever requlred.) Payment number Interest Principal portion $ Principal balance $ Рауment $ :冒三美 portion $ 296.00 296.00 1,480.00 1203.73 923.78 640.10 19.73 2. 16.05 1232 8.53 296.00 296.00 296.00 6215 eBook 4. 352.63 4.70 61.34 0.82 Print Total interest 24 6215 Mc Graw Hill < prev="" 2="" of="" 9="" next=""> X IN W T cornect

Jun 09, 2022
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