Complete the equal-payments three-year amortization table. $$\begin{array} { | c | c | c | c | c | c | }
\hline \text { Year } & \begin{array} { c }
\text { Beginning } \
\text { Principal }
\end{array} & \text { Payment } & \begin{array} { c }
\text { Interest } \
\text { Expense }
\end{array} & \begin{array} { c }
\text { Principal } \
\text { Reduction }
\end{array} & \begin{array} { c }
\text { Ending } \
\text { Principal }
\end{array} \
\hline 1 & \$ 6,000.00 & & \$ 480.00 & & \$ 4,151.80 \
\hline 2 & & \$ 2,328.20 & & \$ 1,996.06 & \
\hline 3 & \$ 2,155.74 & & & & \
\hline
\end{array}$$

Question

Complete the equal-payments three-year amortization table. $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Beginning } \
\text { Principal }
\end{array} & \text { Payment } & \begin{array} { c } 
\text { Interest } \
\text { Expense }
\end{array} & \begin{array} { c } 
\text { Principal } \
\text { Reduction }
\end{array} & \begin{array} { c } 
\text { Ending } \
\text { Principal }
\end{array} \
\hline 1 & \$ 6,000.00 & & \$ 480.00 & & \$ 4,151.80 \
\hline 2 & & \$ 2,328.20 & & \$ 1,996.06 & \
\hline 3 & \$ 2,155.74 & & & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Complete the equal-payments three-year amortization table. $$\begin{array} { | c | c | c | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Beginning } \
\text { Principal }
\end{array} & \text { Payment } & \begin{array} { c } 
\text { Interest } \
\text { Expense }
\end{array} & \begin{array} { c } 
\text { Principal } \
\text { Reduction }
\end{array} & \begin{array} { c } 
\text { Ending } \
\text { Principal }
\end{array} \
\hline 1 & \$ 6,000.00 & & \$ 480.00 & & \$ 4,151.80 \
\hline 2 & & \$ 2,328.20 & & \$ 1,996.06 & \
\hline 3 & \$ 2,155.74 & & & & \
\hline
\end{array}$$

Complete the Equal-Payments Three-Year Amortization Table