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Please do number 3 The following is an amortization schedule for a loan of $5000 to be repaid over two years at 7% compounded semiannually.
Please do number 3
The following is an amortization schedule for a loan of $5000 to be repaid over two years at 7% compounded semiannually. 1) ( 8pts) What is the value of A ? A) $102.06 B) $116.84 C) $125.43 D) $133.48 E) $151.46 2) ( 8pts) What is the value of B? A) $962.17 B) $1149.86 C) $1227.78 D) $1458.41 E) $1618.93 3) ( 8 pts) What is the value of C ? A) $2237.63 B) $2585.96 C) $2891.27 D) $3041.84 E) $3372.24 4) ( 8pts) What is the value of D? A) $1270.75 B) $1336.95 C) $1421.62 D) $1573.16 E) $1603.54Step by Step Solution
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