Question: 36. Construct an amortization schedule for a four-year, $10,000 loan at 6% interest compounded annually PVA = PMT [PVFA k,n ] please show how to
36. Construct an amortization schedule for a four-year, $10,000 loan at 6% interest compounded annually
PVA = PMT [PVFAk,n]
please show how to calculate the payment, interest each year, and principal each yesar!
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
