Use the amortization schedule shown below for a 10 year loan

Last updated: 2/22/2023

Use the amortization schedule shown below for a 10 year loan to calculate the total interest paid over the life of the loan Do not include a dollar sign in your answer Month Principal Paid 0 1 2 3 4 5 6 7 8 9 10 0 00 79 33 79 72 80 12 80 52 80 93 81 33 81 74 82 15 82 56 82 97 Interest Paid 0 00 65 00 64 60 64 20 63 80 63 40 63 00 62 59 62 13 61 77 61 36 Loan Balance 13 000 00 12 920 67 12 840 95 12 760 83 12 680 31 12 599 38 12 518 05 12 436 31 12 354 17 12 271 61 12 188 64