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Payment # Payment Interest Debt Payment 1 966.45 750.00 2 966.45 748.92 3 966.45 z 216.45 217.53 41 Balance 149,783.55 149,566.02 of column one, all amounts are in dollars. Calculate z. Give your answer in dollars to the nearest dol

Payment # Payment Interest Debt Payment 1 966.45 750.00 2 966.45 748.92 3 966.45 z 216.45 217.53 41 Balance 149,783.55 149,566.02 of column one, all amounts are in dollars. Calculate z. Give your answer in dollars to the nearest dol

Essentials Of Investments
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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Consider the following amortization schedule: Payment # Payment 1 966.45 2 966.45 3 966.45 Interest Debt Payment 750.00 748.92 X 216.45 217.53 Y Balance 149, 783.55 149,566.02 2 With the exception of column one, all amounts are in dollars. Calculate . Give your answer in dollars to the nearest dollar. Do not includo ar or the dollar sign in your answor

Consider the following amortization schedule: Payment # Payment 1 966.45 2 966.45 3 966.45 Interest Debt Payment 750.00 748.92 x 216.45 217.53 31 Balance 149, 783.55 149,566.02 2 With the exception of column one, all amounts are in dollars. Calculate a. Give your answer in dollars to the nearest dollar. Do not inchida ar or the dollar cian in ALIF SAGUAF
Transcribed Image Text:Consider the following amortization schedule: Payment # Payment 1 966.45 2 966.45 3 966.45 Interest Debt Payment 750.00 748.92 x 216.45 217.53 31 Balance 149, 783.55 149,566.02 2 With the exception of column one, all amounts are in dollars. Calculate a. Give your answer in dollars to the nearest dollar. Do not inchida ar or the dollar cian in ALIF SAGUAF
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