Current Attempt in Progress Hyatt Inc. received a five-year bank loan bearing interest at 7% with...

 

  

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Current Attempt in Progress Hyatt Inc. received a five-year bank loan bearing interest at 7% with principal and interest instalment payments due annually. The following instalment payment schedule is partially completed: (a) Your answer is correct. Fill in the missing amounts. (Round answers to O decimal places, eg 2,345.) it 1 Cash Payment te $12,195 Interest Expense 3500 Reduction of Principal Principal Balance $50,000 $8,695 41,305 12195 9304 2,891 12195 2240 32,001 22046 9,955 12195 10652 1,543 11,394 Fill in the missing amounts. (Round answers to O decimal places, eg 2,345.) it 1 Cash Payment te $12,195 12195 Interest Expense Reduction of Principal Principal Balance $50,000 3500 $8,695 9304 2,891 12195 2240 41,305 32,001 22046 9,955 12195 1,543 10652 11,394 12195 801 0 11,394 12195 2240 9.955 4 12195 10652 1543 5 12195 801" 11.394 "Adjusted for rounding differences. eTextbook and Media (b) What are the current and non-current portions of the loan at the end of the third annual period? Current portion Non-current portion eTextbook and Media Save for Later Attempts: 1 of 5 used Attempts: 0 of 5 used Submit Answer Current Attempt in Progress Hyatt Inc. received a five-year bank loan bearing interest at 7% with principal and interest instalment payments due annually. The following instalment payment schedule is partially completed: (a) Your answer is correct. Fill in the missing amounts. (Round answers to O decimal places, eg 2,345.) it 1 Cash Payment te $12,195 Interest Expense 3500 Reduction of Principal Principal Balance $50,000 $8,695 41,305 12195 9304 2,891 12195 2240 32,001 22046 9,955 12195 10652 1,543 11,394 Fill in the missing amounts. (Round answers to O decimal places, eg 2,345.) it 1 Cash Payment te $12,195 12195 Interest Expense Reduction of Principal Principal Balance $50,000 3500 $8,695 9304 2,891 12195 2240 41,305 32,001 22046 9,955 12195 1,543 10652 11,394 12195 801 0 11,394 12195 2240 9.955 4 12195 10652 1543 5 12195 801" 11.394 "Adjusted for rounding differences. eTextbook and Media (b) What are the current and non-current portions of the loan at the end of the third annual period? Current portion Non-current portion eTextbook and Media Save for Later Attempts: 1 of 5 used Attempts: 0 of 5 used Submit Answer