On January 1, 2017, Eagle borrows $33,000 cash by signing a four-year, 6% installment note. The note requires four equal payments of $9,524, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.)
  
Prepare an amortization table for this installment note.
  

Answer rating: 100% (QA)

To prepare an amortization table for the installment note where Eagle borrows 33000 cash by signing ... View the full answer