Question: Dejardines Financial has provided a $ 5 3 , 2 1 7 loan to Your Finished Inc. that earns interest at a rate of 6

Dejardines Financial has provided a $53,217 loan to Your Finished Inc. that earns interest at a rate of 6.5% compounded monthly. The loan is to be paid back in equal payments at the end of each month over a three-year term. In addition to the amortization schedule, how much interest was paid over the life of the loan?
Complete the amortization table for the 3 years of the loan.

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