- A 23 690 Loan Is To Be Settled By Making Payments Of 6 882 At The End Of Every Six Months The Interest Is 4 59 Compo 1 (51.87 KiB) Viewed 24 times
A $23,690 loan is to be settled by making payments of $6,882 at the end of every six months. The interest is 4.59% compo
-
answerhappygod
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
A $23,690 loan is to be settled by making payments of $6,882 at the end of every six months. The interest is 4.59% compo
A $23,690 loan is to be settled by making payments of $6,882 at the end of every six months. The interest is 4.59% compounded monthly. a) Find the number of payments in the term. N = b) Fill in the missing values of the amortization schedule below. Round off your answers to two decimal places. Enter a positive value for all answers. Payment Payment Number Amount ($) PMT 0 1 2 3 4 699 $ $ GA Interest Portion Principal Portion ($) PRN ($) INT S SA SA IA FA SA SA Loan Balance ($) BAL LA (49 4 $23,690 Plearn.nur