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need help in problem 1 only Mr. and Mrs. Good purchased a ski chalet for $343,162. They paid $15,152 down and agreed to make equal
need help in problem 1 only
Mr. and Mrs. Good purchased a ski chalet for $343,162. They paid $15,152 down and agreed to make equal payments at the end of every three months for 11 years. Interest is 3.64% compounded quarterly. Compute the equal quarterly payment. Round your answer to 2 decimal places. Do not enter the dollar sign. Sample input: 124.34 QUESTION 2 Read the instruction sheet and amortize the loan in Question #1 in Microsoft Excel. Place all your answers in the loan amortization template provided. Attach File Browse Local FilesStep by Step Solution
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