Question: Amortization Schedule, part 1 ( 1 0 points ) . Fill out the below amortization schedule using the following information: Loan amount: $ 1 2

Amortization Schedule, part 1(10 points). Fill out the below amortization schedule using the following information:
Loan amount: $12,000
Term: 5 year, annual payments
Interest rate: 0.04
\table[[,Payment Amount,Interest,Principal,Balance],[1,,,,],[2,,,,],[3,,,,],[4,,,,],[5,,,,]]
Amortization Schedule, part 1(10 points). Fill out the below amortization schedule

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