Question: V3 need answer for question 3 2. Amortization. Beth has just borrowed $5,000 on a four-year loan at 8% simple interest. Complete the amortization table

V3 need answer for question 3

2. Amortization. Beth has just borrowed $5,000 on a four-year loan at 8% simple interest. Complete the amortization table at the bottom of the page for the first five months of the loan. 3. Add-On Interest Loan. If Beth had taken the same loan as an add-on interest loan, how would her payments differ? Why is there a difference

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