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Given the following partial amortization table for a level pay loan: Time K(t) l(t) PR(t) OB(t) 0 1 7,499.92 5,869.39 26,578.91 2 3 4 Compute
Given the following partial amortization table for a level pay loan: Time K(t) l(t) PR(t) OB(t) 0 1 7,499.92 5,869.39 26,578.91 2 3 4 Compute OB(4) O a $7,141.08. O b. $6,284.15. Oc $5,855.69 O d. $7,712.37 e $6,641.21
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