Question: The table below shows the amortization schedule for a $6000 debt, which is amortized in 3 equal annual payments at 7% interest compounded annually. Fill
The table below shows the amortization schedule for a $6000 debt, which is amortized in 3 equal annual payments at 7% interest compounded annually. Fill in the blanks. (No need to show your calculations in this question) Payment number Payment Interest Unpaid balance reduction Unpaid balance $6,000.00 0 1 2 289.36 2136.74 3 2136,74 0.00
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