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A debt of $17,600 is repaid by payments of $2850 made at the end of each year. Interest is 8% compounded semi-annually. Complote parts (a)

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A debt of $17,600 is repaid by payments of $2850 made at the end of each year. Interest is 8% compounded semi-annually. Complote parts (a) the (a) How mary payments are neoded to repay the debt? The number of payments is 0. (Round up to the nearest whote number.) (b) What is the cost of the debt for the first threo yoars? The cost of the debt for the first three years is $3926.43. (Round to the nearest cent as needed.) (c) What is the principal repaid in the fifth yoar? The amount of the principal repaid in the fith year is $ Round to the nearest cent as neoded.) d) Construct an amortization schodule showing dotails of the first three payments, the last threo payments, and totals. Round to the nearest cent as neoded. Do not indude the $ symbol in your answors.)

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