Question: Construct an amortization schedule showing five columns: payment number, payment amount, interest payment, principal payment and remaining principal. Please have your answers with 2 decimal
Construct an amortization schedule showing five columns: payment number, payment amount, interest payment, principal payment and remaining principal. Please have your answers with 2 decimal places for the second to the fifth columns. (20 POINTS)
A debt of $10,000 is amortized by making equal payments at the end of every six months for three years, and interest is 6% compounded semi-annually. Use formula for general annuity
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