Question: Develop an amortization schedule for the loan described (Round your answers to the nearest cent.) $200,000 for 3 years at 9% compounded annually Period Payment
Develop an amortization schedule for the loan described (Round your answers to the nearest cent.) $200,000 for 3 years at 9% compounded annually Period Payment Interest Balance Reduction Unpaid Balance $200,000 1 $ 200,000 X $ 1500 $ $195.140.05 x 2 $ 200,000 X $ 1500 $ $ X X 3 $ 200,000 $ $0.00 Need Help? Read It
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