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Catherine took out a 3 - year loan of $ 2 4 , 7 0 0 at a nominal rate of 6 % , compounded

Catherine took out a 3-year loan of $24,700 at a nominal rate of 6%, compounded semiannually. Level interest payments are paid at the end of every half year, and the principal is repaid at the end of 3 years by the accumulation of capital in a sinking fund that earns 5%, compounded semiannually.
Catherine makes non-level sinking fund deposits. During the first 2 years, the 4 sinking fund deposits are $4,500 each. The remaining two deposits are of size F.
(a) Find F.
(b) Construct an amortization schedule that traces the progress of the sinking fund balance, the net loan balance, and also the net interest for each half year.
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