Lindsey borrowed $1024.00 from the Royal Bank at 7.7% per annum calculated on the monthly unpaid...
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Lindsey borrowed $1024.00 from the Royal Bank at 7.7% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $220.00 per month. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Payment Number Balance Before Payment Amount Pald Interest Paid Principal Repaid Balance After Payment 1 $1024.00 $1024.00 $220.00 2 $220.00 %24 3. $220.00 24 4. $220.00 $0.00 Totals: Enter your answer in each of the answer boxes. O Type here to search 2230 21°C Clear DA O 6 4 ENG 09-07-2021 DELL 只 立 Lindsey borrowed $1024.00 from the Royal Bank at 7.7% per annum calculated on the monthly unpaid balance. She agreed to repay the loan in blended payments of $220.00 per month. Construct a complete repayment schedule for the loan including totals for Amount Paid, Interest Paid, and Principal Repaid. Complete the repayment schedule below. (Round to the nearest cent as needed.) Payment Number Balance Before Payment Amount Pald Interest Paid Principal Repaid Balance After Payment 1 $1024.00 $1024.00 $220.00 2 $220.00 %24 3. $220.00 24 4. $220.00 $0.00 Totals: Enter your answer in each of the answer boxes. O Type here to search 2230 21°C Clear DA O 6 4 ENG 09-07-2021 DELL 只 立
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