Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. amortization schedule $369,930.00 at 7.8508% inter

Amortization Schedule $369,930.00 at 7.8508% interest with 8 quarterly payments Total Payments: $403,343.37 Total Interest:...

60.1K

Verified Solution

Question

Accounting

Amortization Schedule $369,930.00 at 7.8508% interest with 8 quarterly payments Total Payments: $403,343.37 Total Interest: $33,413.37 # Payment Amount Principal Amount Interest Amount Balance Owed 150,417.9243,157.307,260.62326,772.70250,417.9244,004.356,413.57282,768.35350,417.9244,868.035,549.89237,900.32450,417.9245,748.654,669.27192,151.67 # Payment Principal Interest Balance 550,417.9246,646.563,771.36145,505.11650,417.9247,562.092,855.8397,943.02750,417.9248,495.591,922.3349,447.43850,417.9349,447.43970.500.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

1) Does the use of some sort of ‘current cost’ for statement offinancial position...

Accounting
1.2K views

The debits to Work in Process—Roasting Department for Morning Brew Coffee Company for August, together with...

Accounting
1.2K views

The following information is available for United Corporation on December 31 for the year just ended. A...

Physics
1.2K views

The figure shows different graphs between stopping potential Vo and frequency v for photosensitive surface...

Basic Math
1.2K views

Find the midpoint of the segment between the points (8,-10) and (-10,-8).A. (-1,-9)B. (0,0)C. (-1,2)D....

Basic Math
1.2K views

A football team has enough resources to recruit one player. The players the team is...

Calculus
1.2K views

Apr 27 4 24 46 PM Unique ID 1347 Find all angles 0 x 360...

Calculus
1.2K views

The one-to-one function f is defined below.f(x)=x - 2Find f?(x), where f? is the inverse...

Accounting
1.2K views

question 2 Which of the following describe the terms of convertible debt securities? I. An...

Accounting
1.2K views

how/connect.htm n Il Chapters 6 to 8 Help Save &Exit Submit Saved Berg Tooling reports...

Accounting
1.2K views

Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual...

Finance
1.2K views

A student takes out a loan of $1,900 at the beginning of each semester (semi-annually)...