Question: Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 4.5% per year compounded semiannually.

Find the amortization table for a $8,000 loan amortized over 3

Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 4.5% per year compounded semiannually. (Round your answers to the nearest cent.) Payment Payment Toward Outstanding Principle End of Payment Toward Period Made Interest Principal 8000 1. 2

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