Cloverdale Nurseries obtained a $77,000 loan at 9.2% compounded monthly to build an additional greenhouse. Monthly...

Cloverdale Nurseries obtained a $77,000 loan at 9.2% compounded monthly to build an additional greenhouse. Monthly payments were calculated to amortize the loan over six years. Construct a partial amortization schedule showing details of the first two payments, Payments 40 and 41, and the last two payments. (Do not round intermediate calculations and 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	--	--	--	$77,000.00
1	$	$	$	$
2
\|	\|	\|	\|	\|
39	--	--	--
40
41
\|	\|	\|	\|	\|
70	--	--	--
71
72

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jeff jeffy answered 3 years ago

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