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order to purchase a truck Shandex Transport ( ST ) obtained a $ 5 0 0 0 0 loan for 5 years at 7 .

order to purchase a truck Shandex Transport (ST) obtained a $50000 loan for 5 years at 7.8% compounded semi-annually. The loan is structured to reduce the balance owing to $10000 at the end of the 5 year period. How much are ST's payments at the end of each month? a$1006.08 b$804.87 c$868.84 d$834.79 e$1070.11

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