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Consider the following amortization schedule: Payment # Payment Interest Debt Payment...

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Question

Accounting

Consider the following amortization schedule:
Payment # Payment Interest Debt Payment Balance
1
1
,
167.34
540.54
626.80
259
,
873.20
2
1
,
167.34
539.24
628.10
259
,
245.10
3
1
,
167.34
x
y
z
With the exception of column one, all amounts are in dollars. Calculate
x
.
Round your answer to the nearest dollar.
Do NOT round until you calculate the final answer.Consider the following amortization schedule:
Payment # Payment Interest Debt Payment Balance
1
1
,
167.34
540.54
626.80
259
,
873.20
2
1
,
167.34
539.24
628.10
259
,
245.10
3
1
,
167.34
x
y
z
With the exception of column one, all amounts are in dollars. Calculate
x
.
Round your answer to the nearest dollar.
Do NOT round until you calculate the final answer.

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