Find form a partial amortization table for first three month

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ABC Company, re-schedule its mortgage with the Bank. Revised particulars are as follows:

a. Revised mortgage amount is $100,000.

b. The monthly instalment of $1,000, including interest at the rate of 6 percent per year.

Question 1: What we need to find form a partial amortization table for first Three months.

Reference no: EM132544119

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