Question: LanTech I.T. obtained a $86800 loan at 6.5% compounded annually to add more hardware to their gaming facility. Monthly payments were calculated to amortize the
LanTech I.T. obtained a $86800 loan at 6.5% compounded annually to add more hardware to their gaming facility. Monthly payments were calculated to amortize the loan over nine years. Fill in the partial amortization schedule showing details of the first two payments, Payments 43 and 44, and the last two payments. (Round answer to 2 decimal places)
Payment Number Payment Interest Portion Principal Portion Principal Balance . 0 Totals
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