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National Bank issued a loan of $ 5 9 , 0 0 0 at 6 . 4 3 % compounded semi - annually. The loan
National Bank issued a loan of $ at compounded semiannually. The loan was repaid by payments of $ at the end of every month.
a How many payments were required to pay off the loan?
Enter a whole number
b What was the total principal fepaid in the th year?
Enter starting and ending periods as P and P and the total principal repaid as a positive value to the nearest cent.
Total principal repaid in the th year $
c What was the size of the final payment?
Enter a positive value to the nearest cent
$
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