Question: Question: - ml P = PAT 1 - 1 = ( 2 ) P 1 - ( 1 + 2 ) You borrow $ 1

Question: -ml P= PAT 1-1=(2) P 1-(1+2) You borrow $10,000 at an interest rate of 15.0%, compounded monthly, to be paid with monthly payments over 6 months. Build a complete amortization schedule and answer the following questions. Do not put dollar signs($) into your answers. Payment Payment Payment Amount Payment Amount Outstanding Number Amount to Interest to Debt
-ml P= PAT 1-1=(2) P 1-(1+2) You borrow $10,000 at an interest rate of 15.0%, compounded monthly, to be paid with monthly payments over 6 months. Build a complete amortization schedule and answer the following questions. Do not put dollar signs($) into your answers. Payment Payment Payment Amount Payment Amount Outstanding Number Amount to Interest to Debt Principal 01231456 What is the Payment Amount? What is the Outstanding Principal after the 3rd payment?

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