Compute the size of the final payment for the following loan Periodic Principal $ Payment $ 560 9200 Payment Period 1 mo
Posted: Fri Jul 01, 2022 8:39 am
- Compute The Size Of The Final Payment For The Following Loan Periodic Principal Payment 560 9200 Payment Period 1 Mo 1 (18.54 KiB) Viewed 28 times
- Compute The Size Of The Final Payment For The Following Loan Periodic Principal Payment 560 9200 Payment Period 1 Mo 2 (9.95 KiB) Viewed 28 times
An annuity with a cash value of $10,200 pays $1,830 at the beginning of every six months. The investment earns 8% compounded semi-annually. (a) How many payments will be paid?. (b) What is the size of the final annuity payment? C