Question: Write out a complete schedule (answers rounded to two decimal places) for the amortization of a $40, 000 loan with payments every 6 months
Write out a complete schedule (answers rounded to two decimal places) for the amortization of a $40, 000 loan with payments every 6 months at 16% interest compounded semiannually for 1 year. (Round all your answer to two decimal places) Payment Number Amount Paid 2 Interest $ SA Applied to Principle Unpaid Balance
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Answer To create an amortization schedule for a 40000 loan with semiannual payments at 16 interest compounded semiannually for 1 year we need to follo... View full answer
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