Question

Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $35,000...

Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.)

$35,000 for 1 year at 12% compounded quarterly

Period Payment Interest Balance Reduction Unpaid Balance
$35,000
1 $ $ $ $
2 $ $ $ $
3 $ $ $ $
4 $ $ $

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