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o The debt is amortized by the periodic payment shown Compute (a) the number of payments required to amortize the debt. (b) the outstanding principal
o The debt is amortized by the periodic payment shown Compute (a) the number of payments required to amortize the debt. (b) the outstanding principal the time indicated Debt Principal Debt Payment Payment Interest Rate Conversion Interval Outstanding Period Principal Atter: $12,000 5858 6 months 6% monthly 7th payment (a) The number of payments required to amortize the debt is (Round up to the nearest integer) (b) The outstanding principal is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to se decimal places as needed)
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