Question: Construct the amortization schedule for a $4,000.00 debt that is to be amortized in 12 equal semiannual payments at 5.5% interest per half-year on the
Construct the amortization schedule for a $4,000.00 debt that is to be amortized in 12 equal semiannual payments at 5.5% interest per half-year on the unpaid balance.
Fill out the amortization schedule below. Round all values to the nearest cent.
| Payment Number | Payment | Interest | Unpaid Balance Reduction | Unpaid Balance |
|
| $ |
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