Question: fill in the question marks Question & 73 pts Shown below is information relating to an amortizing loan. Loan amount is $7.000. Interest rate is
Question & 73 pts Shown below is information relating to an amortizing loan. Loan amount is $7.000. Interest rate is 5% and loan term is 5 years Fill in the blanks. Year Beginning balance 7.000 Total payment 1 Interest component ?? Principal paid Ending balance 22 2 72 1.266.82 1.616.82 ?? ?? 3 4 5 it Format Table Paragraph BIU ALTO ***
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