Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, $8000; rate, 9%; time, eighteen months Fill out the amortization schedule below, assume monthly payments and round all values to the nearest cent. Payment Number Payment Amount of Interest Applied to Balance Payment Principal $8000 1 $

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Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments.
amount, $8000; rate, 9%; time, eighteen months
Fill out the amortization schedule below, assume monthly payments and round all values to the nearest cent.
Payment Amount of Interest Applied to Balance
Number Payment
Payment
Principal
$8000
1
$
Transcribed Image Text:Complete the first three lines of an amortization schedule for the following loan. Assume monthly payments. amount, $8000; rate, 9%; time, eighteen months Fill out the amortization schedule below, assume monthly payments and round all values to the nearest cent. Payment Amount of Interest Applied to Balance Number Payment Payment Principal $8000 1 $
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