Question: Large semitrailer trucks cost $ 7 5 comma 0 0 0 each. A trucking company buys such a truck and agrees to pay for it
Large semitrailer trucks cost $ comma each. A trucking company buys such a truck and agrees to pay for it by a loan that will be amortized with semiannual payments at compounded semiannually. Complete an amortization schedule for the first four payments of the loan.
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Part
Fill out the amortization schedule below.
Round to the nearest cent as needed. Do not include the $ symbol in your answers.
Payment Number
Amount of Payment
Interest for Period
Portion to Principal
Principal at End of Period
$ comma
$
enter your response here
$
enter your response here
$
enter your response here
$
enter your response here
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