Monica bought a $1,850 4K Ultra HD TV for 20% down, with the balance to be...
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Monica bought a $1,850 4K Ultra HD TV for 20% down, with the balance to be paid with interest at 16% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt Calculate the total interest paid. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank be certain to enter "0" wherever required.) Payment number Interest Principal portion Principal Payment portion balance $1,480.00 1. 2. 3 4 5. Total interest 24 Monica bought a $1,850 4K Ultra HD TV for 20% down, with the balance to be paid with interest at 16% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt Calculate the total interest paid. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank be certain to enter "0" wherever required.) Payment number Interest Principal portion Principal Payment portion balance $1,480.00 1. 2. 3 4 5. Total interest 24
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