Question: Bramble borrowed has just approached a venture capitalist for financing for her new business venture, Bramble Corporation, the development of a local ski hill. On


Bramble borrowed has just approached a venture capitalist for financing for her new business venture, Bramble Corporation, the development of a local ski hill. On July 1, 2022 Stacy borrowed $116,000 by signing a mortgage payable at an annual interest rate of 7%. The mortgage is repayable over 5 years in annual instalments, clue each June 30. The first payment is due June 30, 2023 Bramble's year-end. () Prepare an amortization schedule for the 5-year term of the mortgage, assurning the payment is a blended principal and interest payment of $28.291. (Round answers to the nearest whole dollars 5.275/ Annual Interest Period July 2022 Cash Payment Interest Expense Reduction of Principal Pring Bali Prepare an amortization schedule for the year term of the mortgage, anturning the payment is a blended principal and interest payment of $28,291. (Round answers to the nearest whole dollar, es 5.275.) Print Cash Payment Interest Expense Reduction of Principal Bale Annual Interest Period July 1 2022 June 30. 2023 30 2024 June 30. 2025 June 30 2026
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