A debt of $6000 is to be amortized with 8 equal semiannual payments. If the interest rate is 12%, compounded semiannually, what is the size of each payment? (Round your answer to the nearest cent.) A homeowner planning a kitchen remodeling can afford a $100 monthly payment. How much can the homeowner borrow for 4 years at 6%, compounded monthly, and still stay within the budget? (Round your answer to the nearest cent.) A $19,000 loan is to be amortized for 10 years with quarterly payments of $725.37. If the interest rate is 9%, compounded quarterly, what is the unpaid balance immediately after the sixth payment? (Round your answer to the nearest cent.) The problem describes a debt to be amortized. A man buys a house for $320,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 15 years. The interest rate on the debt is 8%, compounded semiannually. (Round your answers to the nearest cent.) Find the size of each payment. Find the total amount paid over the life of the loan (including the down payment). Find the total interest paid over the life of the loan