A 23 860 Loan Is To Be Settled By Making Payments Of 6 849 At The End Of Every Six Months The Interest Is 7 2 Compou 1 (15.28 KiB) Viewed 37 times
A 23 860 Loan Is To Be Settled By Making Payments Of 6 849 At The End Of Every Six Months The Interest Is 7 2 Compou 2 (28.94 KiB) Viewed 37 times
A $23,860 loan is to be settled by making payments of $6,849 at the end of every six months. The interest is 7.2% compounded annually. 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
i 2 E E X answers. Payment Number 0 1 2 st 32 4 Payment Amount (S) PMT $ 199 40 SA $ $ Question Help: Video Interest Portion (S) INT 20 10 es 49 Principal Portion (S) PRN S 99 Loan Balance (S) BAL $23,860
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