A debt of $8000 is amortized with eight semiannual payments of $1288.29 each. If money is worth 12% compounded semiannually, find the unpaid balance after five payments have been made
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A debt of $8000 is amortized with eight semiannual payments of $1288.29 each. If money is...
A debt of $9000 is to be amortized with 4 equal semiannual payments. If the interest rate is 10%, compounded semiannually, what is the size of each payment? (Round your answer to the nearest cent.)
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