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4. [-/1 Points] DETAILS BRECMBC9 12.111.008. You have just been hired as a loan officer at a national bank. Your first assignment is to calculat-
4. [-/1 Points] DETAILS BRECMBC9 12.111.008. You have just been hired as a loan officer at a national bank. Your first assignment is to calculat- loan being considered by the bank (use Table 12-2). (Round your answer to the nearest cent.) Loan Payment Payment Period Term of Loan (years) Nominal Rate (%) Present Value (Amount of Loan) every month 6 $40,000 Need Help? Read It Talk to a Tutor 5. [-/1 Points] DETAILS BRECMBC9 12.111.010.MI. What amortization payment in s) would you need to make each month at 12% interest compou answer to the nearest cent.)
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