Question: need 1-2 solve please help!!!! Determine the missing amounts in the following table. New Amount Purpose Loan Interest Monthly Amount Balance Rate Payment for Interest
Determine the missing amounts in the following table. New Amount Purpose Loan Interest Monthly Amount Balance Rate Payment for Interest for Principal Principal $94.56 a. Stereo System $1,200 12% $106.56 $12.00 Riding Mower C. 3,460 10% 207.95 a. b. Pool Cabana 7,200 C. 9% 329.04 a. b. Complete the repayment schedule for a $2,400 loan at 12% for 12 months. 2. Repayment Schedule for a $2,400 Loan at 12% for 12 Months Payment Monthly Amount Amount Number Payment for Interest for Principal 1 $213.12 $24.00 $189.12 213.12 22.11 191.01 213.12 20.20 192.92 213.12 18.27 194.85 213.12 16.32 196.80 213.12 14.35 198.77 213.12 12.37 213.12 213.12 213.12 213.12 2 3 4 5 6 7 8 9 10 11 12 a. a. a. a. a. b. a. b. b. b. b. C. a. b. C. C. C. C. d. New Principal $2,210.88 2,019.87 1,826.95 1,632.10 1,435.30
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