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Homework: Section 5.3 Do score: 0 of 1 pt Save 44 of 6 (6 complete) HW Score: 60%, 3.6 of 6 pts 5.3.17 E Question

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Homework: Section 5.3 Do score: 0 of 1 pt Save 44 of 6 (6 complete) HW Score: 60%, 3.6 of 6 pts 5.3.17 E Question Help A borrower had a loan of S60,000 00 at 6% compounded annuahy. with 6 annual pay nerts, suppose the borrower paid off the loan aner 3 years. Calculate the amount needed to pay off the loan. The amount needed to pay off this loan after 3 years is o (Round to the nearest cent as needed.)

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