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Do Homework - Ayse Berra - Google Chrome mathxl.com/Student/PlayerHomework.aspx?homeworkld=5734565048 questionid=1&flushed=false&cld=61055878.centerwin=yes Econ2004_summer2020 Ayse Berra : 08/19/20 2:21 PM Homework: Econ2004_Summer2020_Homework_2 Save Score: 0 of 6 pts
Do Homework - Ayse Berra - Google Chrome mathxl.com/Student/PlayerHomework.aspx?homeworkld=5734565048 questionid=1&flushed=false&cld=61055878.centerwin=yes Econ2004_summer2020 Ayse Berra : 08/19/20 2:21 PM Homework: Econ2004_Summer2020_Homework_2 Save Score: 0 of 6 pts 1 of 19 (0 complete) HW Score: 0%, 0 of 100 pts Problem 4-8 (algorithmic) 3 Question Help Jonathan borrowed $8,000 at 6% annual compound interest. He agreed to repay the loan with five equal annual payments at end-of-years 1-5. How much of the annual payment is interest, and how much principal is there in each annual payment? Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. Fill in the table below. (Round to the nearest dollar.) Payment Number Interest Payment $ $ Principal Repayment $ 1 2 3 $ $ 4 EA 5 EA Enter your answer in the edit fields and then click Check Answer. ? All parts showing Clear All Check Answer 13 ENG 3:21 PM TRO 8/19/2020 10
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