Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you have amortization schedule to pay back $50,000

You have amortization schedule to pay back $50,000 with 3% for 20-payments (Your first payment...

70.2K

Verified Solution

Question

Finance

image

You have amortization schedule to pay back $50,000 with 3% for 20-payments (Your first payment is one period from today.). For the 19th payment, what is your left balance amount? 3243. 3253. 3263. 3273

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

Biology
1.2K views

What characteristics make a social group eusocial

Calculus
1.2K views

A 6 foot tall student walks at a rate of 4 feet per second away...

Chemistry
1.2K views

Polystyrene has been shown to be soluble in certain terpinene solvents. From the evidence below, determine...

Chemistry
1.2K views

A chemical process stream enters a shell-and-tube exchanger at a temperature of 200 °F and does...

Statistics
1.2K views

Suppose that a random variable Y follows a Poisson distribution with 1 Find the P...

Calculus
1.2K views

K Part 3 of 12 Lines 1 and 12 are parallel lines Determine the mea...

Accounting
1.2K views

h. 120,925 11 51939 D. st7 nas

Accounting
1.2K views

Accounting 122-Exam-Chapter S 5 Page 2 Account Name ales ales Returns and Allowances Sales Discounts...

Accounting
1.2K views

D) A taxpayer may deduct for AGI costs only if they exceed the taxpayer's itemized...

Accounting
1.2K views

STARBUCKS CORPORATRR IONCONSOLIDATED STATEMENTS OF EARNINGS(in millions, except per share data)Fiscal Y ear Ended Oct...

Accounting
1.2K views

Cherry Corporation, a calendar year C corporation, is formed and begins business on 8/1/2023. In...

Finance
1.2K views

Question 11 The optimal capital structure is the mix of long term funds that maximizes...