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Claude has a business bank loan in which he makes quarterly payments of $2821.45. The loan is for five years at 4.65% compounded semiannually. 1.

Claude has a business bank loan in which he makes quarterly payments of $2821.45. The loan is for five years at 4.65% compounded semiannually. 1. What was the amount of the loan? 2. What amount of interest will Claude pay on his loan? Paragraph PMT Setting N PV CU v B I U A V V V OB 00 + v : K
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Claude has a business bank loan in which he makes quarterly payments of $2821.45. The loan is for five years at 4.65% compounded semiannually. 1. What was the amount of the loan? 2. What amount of interest will Claude pay on his loan

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