Question: Use the amortization table to determine how much interest is paid in the first 4 months of the loan. P. Click the icon to view

Use the amortization table to determine how much interest is paid

Use the amortization table to determine how much interest is paid in the first 4 months of the loan. P. Click the icon to view the amortization table. - $ (Type an integer or a decimal.) Amortization Table Amortization Table Payment Number Amount of Payment Interest for Period Portion to Principal 0 1 2 3 $202.67 $203.68 $204.70 $205.73 $206.75 4 5 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.17 $215.13 6 7 Principal at End of Period $2500.00 $2297.33 $2093.65 $1888.95 $1683.22 $1476.47 $1268.68 $1059.85 $849.98 $639.06 $427.09 $214.06 $0.00 $12.50 $11.49 $10.47 $9.44 $8.42 $7.38 $6.34 $5.30 $4.25 $3.20 $2.14 $1.07 8 9 10 $207.79 $208.83 $209.87 $210.92 $211.97 $213.03 $214.06 11 12

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