Consider a loan of $8,000 charging interest at j12-6% with monthly payments of $321.50 Calculate the missing amounts in the amortization table. Place the value for A in the first answer box, B in the second and C in the third. PMT Interest Principal Balan 8,000.00 1321.50 40.00 281.50 7,718.50 2 321.50 B C

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Consider a loan of $8,000 charging interest at j12-6% with monthly payments of
$321.50 Calculate the missing amounts in the amortization table. Place the value for
A in the first answer box, B in the second and C in the third.
PMT Interest Principall Balance
8,000.00
1321.50 40.00 281.50 7,718.50
2 321.50
A
C
Transcribed Image Text:Consider a loan of $8,000 charging interest at j12-6% with monthly payments of $321.50 Calculate the missing amounts in the amortization table. Place the value for A in the first answer box, B in the second and C in the third. PMT Interest Principall Balance 8,000.00 1321.50 40.00 281.50 7,718.50 2 321.50 A C
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