You will have 11 monthly payments of $519.16

Your 12th payment will be $519.17.

Your total payments are $6229.93

Your total interest is $229.93

You will have 11 monthly payments of $519.16

Your 12th payment will be $519.17.

Your total payments are $6229.93

Your total interest is $229.93

6 year, 6% stated interest rate per year. Will pay the entire 1,000,000 at the end of 6 years.

Interest expense, discount on note,

Interest expense, discount on note,

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