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05-06-2023
Business

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Monica bought a $1,200 4K Ultra HD TV 20% down and payments of $192 per month (except for a smaller final payment) including interest at 18% compounded monthly. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Payment number Payment $ Interest portion $ Principal portion $ Principal balance $ 0 -- -- -- 960.00 1 2 3 4 5 6 Total interest $

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