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A $23,340 loan is to be settled by making payments of $6,942 at the end of every six months. The interest is 5.35% compounded annually.
A $23,340 loan is to be settled by making payments of $6,942 at the end of every six months. The interest is 5.35% compounded annually. a) Find the number of payments in the term. N = b) Fill in the missing values of the amortization schedule below. Round off your answers to two decimal places. Enter a positive value for all answers
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