You need to find the common denominator. In the case 24 is the least one because when you multiply 3 by 8, you finally have a common denominator for all three.

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8 0

3 years ago

The following table shows a portion of a four-year amortization schedule. A 4-year amortization schedule. The loan amount or pri

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Answer:

Option c. $ 9,543.97

Explanation:

The row for month 25 shows that after twenty-five payments the balance of the loan is $10,356.03

You are told that the loan amount or principal is $ 19,900.

From those two data, you can calculate how much of the principal has been paid off after 25 months, because the amount paid off is equal to the loan less the balance after 25 payments:

Principal paid off = $ 19,900 - $ 10,356.03 = $9,543.97

8 0

3 years ago

Here you go this is the full question please help

hammer [34]

I don’t see anything is there supposed to be a picture or?

8 0

3 years ago

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