Question: Suppose that the loan in Problem 10 permits an additional prepayment of principal on any scheduled payment date. Prepare another amortization schedule that reflects a
Suppose that the loan in Problem 10 permits an additional prepayment of principal on any scheduled payment date. Prepare another amortization schedule that reflects a prepayment of $1000 with the third scheduled payment.
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Given PV 8000 PMT 1000 i 84 2 Payment Interest Principal Principal nu... View full answer
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