Question: Construct the amortization schedule for a $16,000.00 debt that is to be amortized in 12 equal semiannual payments at 6% interest per half-year on the

Construct the amortization schedule for a $16,000.00 debt that is to be amortized in 12 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent.

 Construct the amortization schedule for a $16,000.00 debt that is to

schedule for $16,000.00 debt that is to be amortized in 12 equal semiannual payments at 6% interest per half-year on the unpaid Construct the amortization a balance Fill out the amortization schedule below. Round all values to the nearest cent. Payment Unpaid Unpaid Balance Number Payment Interest Balance Reduction 16,000 1 1607.39 960 14392.61

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