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A loan is being amortized with 25 quarterly payments. The principal portion of the 16 th payment is $609.34. If j 4 = 10%, what

A loan is being amortized with 25 quarterly payments. The principal portion of the 16th payment is $609.34. If j4 = 10%, what is original amount of the loan? (Answer to the nearest dollar) You are given: ,

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A loan is being amortized with 25 quarterly payments. The principal portion of the 16 payment is 5609.34-105, what is original amount of the loan Answer to the need = 34.1578 a 18.4244 You are given *2s 57752 $14,021 $14 371 O 525.643

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