Question: 36) Complete the equal-payments three-year amortization table. Year Beginning Principal Payment Interest Expense Principal Reduction Ending Principal 1 $6,000.00 $480.00 $4,151.80 2 $2,328.20 $1,996.06 3

36) Complete the equal-payments three-year amortization table.

Year

Beginning

Principal

Payment

Interest

Expense

Principal

Reduction

Ending

Principal

1

$6,000.00

$480.00

$4,151.80

2

$2,328.20

$1,996.06

3

$2,155.74

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