Question: How to fill the table below? Question 2 8 Marks): 8 The following table should show the details of cash repayments of $ 8000 loan
How to fill the table below?
Question 2 8 Marks): 8 The following table should show the details of cash repayments of $ 8000 loan in four years. Given that at the end of each year, the total payment includes the sum of part of the principle plus the corresponding interest due, answer the following: a) 1- Complete the table. (6.5 Marks) 2- Calculate the total paid interest.(1.5 Marks) Beginning Amount atInterest Due at Total of years Beginning, $ End of Year,$ Owed,S at End of Paid,S Principal Paid Total Year,S 30 800 450 9 8000 Goo goo aso 13600 ago 1o 8 900 1089
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