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14 of 30 (26 complete Score: 0 of 1 pt 5.3.17 A borrower had a loan of $70,000.00 5% compounded annually, with 6 annual payments

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14 of 30 (26 complete Score: 0 of 1 pt 5.3.17 A borrower had a loan of $70,000.00 5% compounded annually, with 6 annual payments Suppose the borrower paid off the loan after 3 years. Calculate the amount needed to pay off the lo The amount needed to pay off this loan after 3 years is (Round to the nearest cent as needed.)

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