Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 5.9% per year compounded semiannually. (Round your answers to the nearest cent.) Payment Toward Payment Toward Outstanding Principle End of Payment Made Period Interest Principal 8000 1 2

Find the amortization table for a $8,000 loan amortized over 3 years with semiannual payments if the interest rate is 5.9% per year compounded semiannually. (Round your answers to the nearest cent.) Payment Toward Payment Toward Outstanding Principle End of Payment Made Period Interest Principal 8000 1 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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