Question: Use the amortization table given below to fill in the first 3 months of an amortization table for the car purchased in question #1 above:

Use the amortization table given below to fill in the first 3 months of an amortization table for the car purchased in question #1 above:

Period Payment Interest portion of payment Principal portion of payment Unpaid balance of loan
0 25,000
1
2
3

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