Complete the equal-payments three-year amortization table. Year Beginning Principal Payment Interest...
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Accounting
Complete the equal-payments three-year amortization table.
| Year | Beginning Principal | Payment | Interest Expense | Principal Reduction | Ending Principal |
| 1 | $6,000.00 | $480.00 | $4,151.80 | ||
| 2 | $2,328.20 | $1,996.06 | |||
| 3 | $2,155.74 |
31) _____________ (Must Show Work)
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