Question: PLEASE , I need help with this problem, i attached the tables Exercise 10-10 Installment note with equal total payments LO C1 On January 1,




PLEASE , I need help with this problem, i attached the tables
Exercise 10-10 Installment note with equal total payments LO C1 On January 1, 2017, Eagle borrows $32,000 cash by signing a four-year, 996 installment note. The note requires four equal total payments of accrued interest and principal on December 31 of each year from 2017 through 2020. Table B1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Prepare an amortization table for this installment note Payments Period Ending Date 2015 2016 2017 2018 Total Ending Beginning Debit Interest Debit Notes Expense Credit Balance Payable Cash Balance 32,000 S 2,880 2,880
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