844 Lisa Grey has just approached a venture capitalist for financing for her new business venture, the development of a local ski hill. On July 1, 2024, Lisa was loaned $183,000 at an annual interest rate of 7%. The loan is repayable over 5 years in annual installments of $44,632, principal and interest, due each June 30. The first payment is due June 30, 2025. Lisa uses the effective-interest method for amortizing debt. Her ski hill company's year-end will be June 30. (a) Your answer is partially correct. Prepare an amortization schedule for the 5 years, 2024-2029. (Round answers to 0 decimal places, e.g. 125.) Period July 1, 2024 June 30, 2025 June 30, 2026 June 30, 2027 June 30, $ 7,806 Cash Payment 40837 40837 40837 40837 APR 19 Interest Expense stv Principal Reduction TEOL UNDI 0 S Balan E

Lisa Grey has just approached a venture capitalist for financing for her new business venture, the development of a local ski hill. On July 1, 2024, Lisa was loaned $183,000 at an annual interest rate of 7%. The loan is repayable over 5 years in annual instaliments of $44,632, principal and interest, due each June 30. The first payment is due June 30, 2025, Lisa uses the effective-interest method for amortizing debt. Her ski hill company's year-end will be June 30