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Fusion has already been demonstrated as an energy source, albeit on a limited scale.Engineers hope to transform the scale to provide energy at commercial levels.

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Fusion has already been demonstrated as an energy source, albeit on a limited scale.Engineers hope to transform the scale to provide energy at commercial levels. A loan for development of a niche application has been taken out by an engineering research firm, borrowing $1,300,000. The loan will be paid back over 7 years with uniform quarterly payments and an interest rate of 4 percent compounded quarterly. What is the remaining principal immediately after the 10th payment is made? Click here to access the TVM Factor Table calculator. $

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