Question 2
15 Points
A present obligation of $30,000 by Jenella Powers is to be repaid in uniform annual amounts over a period of 3 years with interest rate of 15% per annum. Prepare an amortization Schedule. Enter the exact amount value in the box provided.
Beginning Balance
Interest
Payment
Ending Balance
30,000
4,500
13,139.31
21,360.69
21,360.69
3,204.10
13,139.31
11,425.45
11,425.48
1,713.82
13,139.31
-0