The following table shows a portion of a four-year amortization schedule. after three years, how much of the principal has been paid off? a. $25,176.60 b. $22,706.64 c. $19,827.08 d. $5,349.52

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

$75.00

step-by-step explanation:

i = prt

i = 1,5000 * 0.025 * 2

i = 75