A debt of $1908 with interest at 6.3% compounded annually is to be repaid by equal payments at the end of each year for 4 years. 1. What is the balance remaining (BAL) after the first payment? 2. What...

A debt of $1908 with interest at 6.3% compounded annually is to be repaid by equal payments at the end of each year for 4 years.

1. What is the balance remaining (BAL) after the first payment?

2.
What is the principal repaid (PRN) in the first period?

3. What is the interest paid (INT) in the first period?

Extracted text: Payment Number PMT INT PRN BAL 1908 ? ТОTAL