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O Katec Corporation borrowed 578,000.00 8% compounded quarterly for 11 years to buy a warehouse Equal payments are made at the end of every 3
O Katec Corporation borrowed 578,000.00 8% compounded quarterly for 11 years to buy a warehouse Equal payments are made at the end of every 3 months (a) Determine the size of the quarterly payments () Compute the interest included in payment Determine the principal epaid in payment period (d) Construct a partner on schedule showing details of the first three payments, the last three payments, and totals (a) The size of the quarterly payment is a 25 Round the newer to the nearest certas ended Round altomedate values to decimal places as needed) h) The interest included in payment is 5 1418.41 Hound the final rower to the nearest content needed. Round all intermediate values to six decimal places as needed) (c) The principal repaid in payment period 9 is $1314.90 (Round the final to the nearest cant as needed. Round all intermediate values to six decimal places as needed) (d) Complete the table below for the first three payments in the schedule (Do not round until the final answer the round to the nearest cant as needed) This Question: 1 pt 5 of 20 Katec Corporation borrowed 578,000.00 at 8% compounded quarterly for 11 years to buy a warehouse Equal payments are made at the end of every 3 months (a) Determine the size of the quarterly payments (b) Compute the interest included in payment 7 (c) Determine the principal repaid in payment period 9 (d) Construct a partial amortization schedule showing details of the first three payments, the last three payments, and totals
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