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Yu just borrowed s30000 on a five year loan at 3 simple

Question: You just borrowed s30,000 on a five year loan at 3% simple interest. Complete the Amortization table below for the first 8 month of the loan. Applied to New Beginning Payment to Payment amount interest Principal Balance Number S464 $29.536 S30,000 S539 S539 S73.84. S465.16 $29,070.84 3 $29,070.84 S539 $72.68 $466.32 $28.604.52 28.137.03 $539 $71.51 L 3 27,668.37 S539 $70.34 $539 6 $27.668.37 S539 $539

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Finance Basics: Yu just borrowed s30000 on a five year loan at 3 simple

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