Question: 1 Car Loan Amortization C D E G H . K 2 Complete the loan amortization schedule for a car loan that will be

1 Car Loan Amortization C D E G H . K 2

1 Car Loan Amortization C D E G H . K 2 Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The details about the loan are shown below): 3 4 1. What is your monthly payment? 5 2. What is the total $ amount of payments made over the life of the loan 6 Correct Answers Enter Answers Here. Payment Beginning No. Balance Payment Amount Interest Paid Principle Paid Ending Balance 7 8 Loan Input Data 9 Principal Amount 10 Annual Interest Rate 11 Periods Per Year 12 Total Number of Payments Amount 2 3 4 5 24 26 27 30 31 33 36 37 44 45 46 57 22822539 = 2 * 4*+ #9933856636363: 67 13 Percentage Rate Per Period 14 15 16 Grade Car Loan 17 18 19 Car Loan Score 20 Total Score 21 6 7 8 9 10 11 12 0.00 13 14 15 16 17 FEEDBACK: 18 19 20 21 22 23 24 25 26 27 34 28 29 30 31 40 41 42 43 32 33 34 35 36 37 38 39 40 47 41 48 42 49 43 50 44 51 45 52 46 47 54 48 55 49 50 51 52 53 60 61 54 55 62 56 64 57 58 59 60

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