A company has arranged a four-year loan for $30,000 with simple amount interst of 0% paid annually. In addition, it decides to pay back $10,000, $5000 and $3000 of the principal at the end of years 1, 2, and 3, respectively. Fill in the following table from the view point of the company:
End of Year | Amount Received | Principal Paid | Principal Outstanding | Interest Paid | Final Cash Flow |
0 |
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1 |
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2 |
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3 |
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4 |
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