YEAR BEG BAL PMT INT PRIN END BAL 1 $1,000 $360 $320 Y 2 $680 $360...

 

 

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YEAR BEG BAL PMT INT PRIN END BAL 1 $1,000 $360 $320 Y 2 $680 $360 $27 Z $347 3 $347 $360 $14 $347 0 TOTAL $1,081 $81 $1,000 The Value of Z in the chart (2nd year principle)? YEAR BEG BAL PMT INT PRIN END BAL 1 $1,000 $360 $320 Y 2 $680 $360 $27 Z $347 3 $347 $360 $14 $347 0 TOTAL $1,081 $81 $1,000 The Value of Z in the chart (2nd year principle)?

Answer rating: 100% (QA)

To find the value of Z 2nd year principal we can use t... View the full answer