The Johnson's loan was financed for 125,600 at 8.5 for 15 years. Prepare an amortization schedule. What is the balance after the first payment?
a. 126,152.84
b. 124,026,34
c. 125,263.17
d. 123,163.84
Question 2
Aggregate planning models are usually implemented through a rolling planning horizon.
a. True
b. False
Indicate whether the statement is true or false