Question: Please answer fast, thank you To help with the startup costs of her new dental practice, Karen is taking out a $56,000 amortized loan for

Please answer fast, thank you

To help with the startup costs of her new dental practice, Karen is taking out a $56,000 amortized loan for 10 years at 8.5% annual interest. Her monthly payment for this loan is $694.32. Fill in all the blanks in the amortization schedule for the loan. Assume that each month is 12 of a year. Round your answers to the nearest cent. Payment Interest Principal New loan number payment payment balance X 5 $0 2 $55,402.59 . . . . . . . . . 60 $242.91 $451.41 $33,841.96 61
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