Monica bought a $2,200 4K Ultra HD TV for 20% down, with the balance to be paid with interest at 16% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the...

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Extracted text: Monica bought a $2,200 4K Ultra HD TV for 20% down, with the balance to be paid with interest at 16% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not round Intermedlate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certaln to enter "O" wherever required.) Рayment number Interest Principal portion Principal balance $1,760.90 1324.67 1044.58 761.69 475.97 187.39 104.07 Раyment portion -- 293.33 293.33 17.60 275.33 280.09 13.24 10.44 12 293.33 282.89 285.72 288.58 291.46 4 293.33 293.33 293.33 7.61 4.75 1.87 Total interest 55.51 Mc Graw Hill Next > EX W connect