borrow today? A debt of $12000 with interest at 5% compounded monthly is to be repaid by equal payments of $2000 at the end of every three months. How many payments must be made to fully repay the loan? Construct an amortization schedule. A inline fiind of 5000 ito borontod solving te at the beginning ofaute 4. A sinking fund of $15000 is to be created by making payments at the beginning of every six months for four years. Interest earned by the fund is 12.5% compounded semi- annually. Determine the size of the semi-annual payments and prepare a sinking fund schedule. 5. A $100 000 bond bearing interest at 6.75% payable semi-annually is bought eight years before maturity to yield 7.35% compounded annually. If the bond is redeemable at par, what is the purchase price? 6. A $20,000, 5.5% bond with semi-annual coupons redeemable at par in 5 years is purchased at 97.5. What is the approximate yield rate