Question: Exercise 9-5 (Static) Compute total interest and record installment notes (LO9-2) octions a. Borrow 5200000 ot 6 kit with monthy polyments of $3,86656 ovet 5
Exercise 9-5 (Static) Compute total interest and record installment notes (LO9-2) octions a. Borrow 5200000 ot 6 kit with monthy polyments of $3,86656 ovet 5 yecars. b. Botrow $200.000 at 7 with morvhly payments of 52.32.217 ovet 10 years. Bequired: 1. Peccerd the issisnce of ah instalitwent note noyable under eech option. 2. Record the bayments for the first and second month under each option. 3. Dedermine the total amoxint of interest phit under each option over the full period of the note Complete this question liy entering your answers in the tabs below. Journal entry worksheet 1).06s.56 wer is yeart
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