Amortize this!

For practice, please amortize the following mortgage:

$300,000 principal, 8% interest rate, 3-years with quarterly payments.

Please write out the amortization table by hand using just a financial calculator.  Please set-up your amortization table as follows:

n        Beg. Bal.      Debt Service         Interest         Principal   End Bal.      

1

2

3

4

5

6

7

8

9

10

11

12