Find the payment necessary to amortize the following loan. $7900; 8.6% compounded semiannually; 18 semiannual payments The payment is $.............. (Round to the nearest cent as needed.
Find the payment necessary to amortize the following loan. $7900; 8.6% compounded semiannually; 18 semiannual payments...
Find the payment necessary to amortize a 4.9% loan of $7300 compounded semiannually, with 6 semiannual payments. Find (a) the payment necessary to amortize the loan and (b) the total payments and the total amount of interest paid based on the calculated semiannual payments. Then create an amortization table to find (c) the total payments and total amount of interest paid based upon the amortization table a. The semiannual payment needed to amortize this loan is $ (Round to the...
Find the payment necessary to amortize the following loan. $7400, 8.6% semiannually; 36 semiannual payments The payment is$?
Find the payment necessary to amortize a 12% loan of $1000 compounded quarterly, with 17 quarterly payments. The payment size is $ . (Round to the nearest cent.)
Find the payment necessary to amortize a 4% loan of $1500 compounded quarterly, with 12 quarterly payments.
Find the payment necessary to amortize a 8% loan of $600 compounded quarterly, with 12 quarterly payments.
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Find the payment necessary to amortize the loan. $11,100, 12% compounded monthly: 48 monthly payments OA. $287.65 OB. $1,337.80 O C. $292.51 OD. $292.31
Find the amortization table for a $13,000 loan amortized over 3 years with semiannual payments if the interest rate is 5.7% per year compounded semiannually. (Round your answers to the nearest cent.) End of Period Payment Made Payment Toward Interest Payment Toward Principal Outstanding Principle 13000
Find the amortization table for a $23,000 loan amortized over 3 years with semiannual payments if the interest rate is 5.3% per year compounded semiannually. (Round your answers to the nearest cent.) End of Payment Period Made Payment Toward Interest Payment Toward Principal Outstanding Principle 23000
Find the monthly payment needed to amortize a typical $115,000 mortgage loan amortized over 30 years at an annual interest rate of 5.3% compounded monthly. (Round your answers to the nearest cent.) $ Find the total interest paid on the loan. $
Find the monthly payment needed to amortize a typical $205,000 mortgage loan amortized over 30 years at an annual interest rate of 7.1% compounded monthly. (Round your answers to the nearest cent.) a) $ b) Find the total interest paid on the loan. $