Determine operating cash flow, Cost Accounting

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What are the missing amounts for the below amortization table, given the following information?

-  A firm borrows $100,000 from a bank.

-  The terms of the loan require the firm to make equal, yearly payments, at the end of each year, over the next five years.

-  The bank charges 4% interest.

 

Cash

 

Interest

Principal

Adjustment

Principal

Balance

 

4%

 

100,000

 

4,000

18,463

81,537

 

 

 

 

 

2,493

19,969

42,367

 

1,695

20,768

21,599

 

864

21,599

0

 


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