You qualified for a student loan in the amount of $10,000. Once you graduate, you...
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You qualified for a student loan in the amount of $10,000. Once you graduate, you are required to repay this loan over 10 years at a rate of interest of 6 percent. The monthly interest and principal repayments are calculated like a mortgago. The following table illustrates the first four payments beginning December 1, 2020. (Click the icon to view the loan payment schedule.) Using the information from the table.cacord the outalent for the January. 1.2021. loan pamant Record the journal entry for Loan payment schedule the nearest cent) fies. Round amounts to Date Jan Student Loan Payments Blended Monthly Loan Interest Payment Expense Beginning Balance Principal Payment Ending Balance Period $ score $ s 111 5 Nov. 1. 2020 Dec 1, 2020 Jan. 1.2021 Feb 1, 2021 Mar 1.2021 Choose from any list or or 10.000.00 9.938.98 9.677 65 9,815.02 10,000.00 9.00 9.877.65 9a 02 50.00 5 49.69 49.39 49.00 111.02 111 02 11102 01.02 01:33 6163 61.04 9,7506
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