7. (10 points) Fill in the amortization schedule below for a $10,000 debt that is...
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7. (10 points) Fill in the amortization schedule below for a $10,000 debt that is to be amortized in six equal semiannual payments at 6.3% interest compounded semiannually. Note that all entries in the table should be rounded to the nearest cent, and the final payment should be adjusted so that the ending balance is zero. Payment Number Payment Interest Unpaid Balance Reduction Unpaid Balance $10,000.00 0 1 2 3 4 5 6 $0.00
7. (10 points) Fill in the amortization schedule below for a $10,000 debt that is to be amortized in six equal semiannual payments at 6.3% interest compounded semiannually. Note that all entries in the table should be rounded to the nearest cent, and the final payment should be adjusted so that the ending balance is zero
7. (10 points) Fill in the amortization schedule below for a $10,000 debt that is to be amortized in six equal semiannual payments at 6.3% interest compounded semiannually. Note that all entries in the table should be rounded to the nearest cent, and the final payment should be adjusted so that the ending balance is zero. Payment Number Payment Interest Unpaid Balance Reduction Unpaid Balance $10,000.00 0 1 2 3 4 5 6 $0.00

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