IDNLearn.com provides a user-friendly platform for finding and sharing knowledge. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.
Find the total interest paid after the May payment using the excerpt from the Amortization Table below.
Payment Principal Interest Total
Interest
$281.25 $281.25
$280.15 $561.40
$279.05 $840.46
$277.95 $1,118.40
$276.84 $1,395.24
Date
4/1/2017 $573.74 $292.49
5/1/2017 $573.74 $293.59
6/1/2017 $573.74 $294.69
7/1/2017 $573.74 $295.80
8/1/2017 $573.74 $296.91
Balance
$74,707.51
$74,413.91
$74,119.22
$73,823.42
$73,526.52
Sagot :
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.
