Given the annual interest rate and a line of an amortization schedule for that loan, complete...
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Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments are made monthly. Annual Interest Rate Payment 12.1% Interest Paid $244.11 $38.27 Paid on Principal Balance $205.84 $3,590.37 Fill out the amortization schedule below. Annual Interest Rate Payment Interest Paid Paid on Principal Balance 12.1% $244.11 $38.27 $205.84 $3,590.37 $ $ $ $ (Round to the nearest cent as needed.) Given the annual interest rate and a line of an amortization schedule for that loan, complete the next line of the schedule. Assume that payments are made monthly. Annual Interest Rate Payment 12.1% Interest Paid $244.11 $38.27 Paid on Principal Balance $205.84 $3,590.37 Fill out the amortization schedule below. Annual Interest Rate Payment Interest Paid Paid on Principal Balance 12.1% $244.11 $38.27 $205.84 $3,590.37 $ $ $ $ (Round to the nearest cent as needed.)
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