Doesn't work now im very confused You have taken a loan of $6,000.00 for 4 years at 2.5% compounded monthly. Fill in the table below: (Rouall answers to 2 decimal places.)Payment number Payment amount Principal Amount Interest0)1)2)3)6000X $ 600060006000X $ 151.73X $ 307.29X $Balance$6,000.00X $

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Answered: You have taken a loan of $6,000.00 for…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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You have taken a loan of $55,000.00 for 30 years at 4.9% compounded quarterly. Fill in the table below: (Round all answers to 2 decimal places.) Payment number Payment amount Principal Amount Interest 0) 1) 2) 3) Question Help! SaMarran astructor LA LA LA tA Balance $55,000.00 $ LA LA
You have taken out a loan of $11,000.00 for 4 years at an APR of 4.6% (loans are always compounded and paid back monthly). Fill in the table below showing the first lines of the Armotization Table for this loan rounding all answers to the closest cent (i.e. to 2 decimal places): Payment number Payment amount Principal Amount Interest Balance 0) $11,000.00 1) $ $ $ 2) same as above $ $ 3) same as above $ $ Submit Question
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You have taken a loan of $6,000.00 for 4 years at 2.5% compounded monthly. Fill in the table below: (Rou all answers to 2 decimal places.) Payment number Payment amount Principal Amount Interest 0) 1) 2) 3) 6000 X $ 6000 6000 6000 X $ 151.73 X $ 307.29 X $ Balance $6,000.00 X $ X