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How much principal have you paid over the first 6 ?years

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    Assignment Help >> Business Management

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    You borrowed ?$300,000 style=”background-color:transparent;color:rgb(0,0,0);”> exactly 6 years ago. The loan is structured as an amortized loan. The interest rate is 8?% and you make quarterly? (end-of-quarter) payments of ?$6,960.82. The loan is amortized over 25 years. How much principal have you paid over the first 6 ?years?

    How much principal have you paid over the first 6 ?years?

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