Recent Posts • Latest Topics • Unanswered Questions

Tanya Cordobes borrowed $9,500 from a bank. The loan was amortized over two years. Tanya made equal ...

conrad136

wrote...

Go to Answer

Posts: 121

Rep:

A year ago

Tanya Cordobes borrowed $9,500 from a bank. The loan was amortized over two years. Tanya made equal ...

Tanya Cordobes borrowed $9,500 from a bank. The loan was amortized over two years. Tanya made equal monthly payments of $434.00, which included interest on the unpaid balance of 0.75% per month (9% annually). Complete the first two months of the amortization schedule.

			Amortization Schedule

		Unpaid	Interest	Total	Principal	New
	Month	Balance	Payment	Payment	Payment	Balance
a.	1	_________	_________	$434.00	_________	_________
b.	2	_________	_________	$434.00	_________	_________

Textbook

Contemporary Business Mathematics for Colleges

Edition: 16^th

Authors: Deitz, Southam

Read 74 times

1 Reply

Report

Replies

Answer verified by a subject expert

jaimielavie

wrote...

Posts: 129

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

conrad136 Author

wrote...

A year ago

Correct

Goku935

wrote...

Yesterday

Brilliant ツ

kater28

wrote...

2 hours ago

Thanks for your help!!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1147 People Browsing

105 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

249

5589

269

Your Opinion

Previous poll results: What's your favorite coffee beverage?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.