Question: Halep Inc. borrowed $ 3 0 , 0 0 0 from Davis Bank and signed a 4 - year note payable stating the interest rate

Halep Inc. borrowed $30,000 from Davis Bank and signed a 4-year note payable stating the interest rate was 4% compounded annually. Halep Inc. will make payments of $8,264.70 at the end of each year. Prepare an amortization table showing the principal and interest in each payment using the straight-line method.
Halep Inc. borrowed $30,000 from Davis Bank and signed a 4-year

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