Bob katz is purchasing a new honda pilot for 38000 he is, Ask an Expert

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Bob Katz is purchasing a new Honda Pilot for $38,000. He is financing $30,000 with a six year, 4% loan with annual payments. Construct an amortization schedule, in the 2nd year row, corresponding to his second annual payment, what is the dollar amount of the interest portion of his payment?

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Financial Management, Finance

Category:- Financial Management
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