what is the annual interest expense for the borrower and the annual interest income for the lender during year 2?
I. Construct an amortization schedule for a $10 000, 10% annual interest loan with three equal instalments
- SumDudeLv 72 months ago
Sounds like homework to me. Create an excel spreadsheet.
- Anonymous2 months ago
You plug your numbers into an amortization calculator like one of these:
Still have questions? Get your answers by asking now.