Question: The table below shows the amortization schedule for a $2000 debt, which is amortized in 3 equal monthly payments at 1.6% interest per month. Fill
The table below shows the amortization schedule for a $2000 debt, which is amortized in 3 equal monthly payments at 1.6% interest per month. Fill in the blanks. (No need to show your calculations in this question). Payment number Payment Interest Unpaid balance reduction Unpaid balance $2,000.00 0 1 2 21.50 677.28 3 677.28 0.00
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