The following table shows a portion of a four-year amortization schedule. 4 Year Amortization Schedule
Loan Amount or Principal $ 27.800.00
Interest Rate on Loan 9.57%
Extra Payment to Principal -

after 3 years how much principle has been paid off

a. 25,176.60
b. 22,706.64
c. 19,827.08
d. 5,349.52​

will give brainlyest

The following table shows a portion of a fouryear amortization schedule 4 Year Amortization Schedule Loan Amount or Principal 2780000 Interest Rate on Loan 957E class=

Respuesta :

Answer:Its a period of 4 years for which the loan has been taken.

The loan amount is $27,800.00.

The outstanding amount at the and of three years, which is 36 months is shown as $7972.92 ( The Right Corner below)

Hence the Principal amount paid after a period of three years

= 27,800.00 - 7972.92

=$19,827.08

Hence the total amount repaid as principal at the end of three years is $19,827.08.

Option c) is the right answer

Step-by-step explanation:im sorry i cant help it bro why do you look like that