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Please find x and the outstanding balance (10 points) Marquis de Bellecourt takes a $795,000 loan. The loan is to be repaid in 23 blmonthly

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Please find x and the outstanding balance

(10 points) Marquis de Bellecourt takes a $795,000 loan. The loan is to be repaid in 23 blmonthly payments starting two months after the loan was made as follows: for the first 10 months, the lender charges a nominal annual interest rate of 1.5% compounded blmonthly and Marquis de Bellecourt makes payments of 3X; for the next 20 months, the lender charges a nominal annual interest rate of 3.45% compounded bimonthly and Marquis de Bellecourt makes payments of X; and for the last 16 months, the lender charges a nominal annual interest rate of 1.75% compounded bimonthly and Marquis de Bellecourt makes payments of 4X. a) Find X X = $ 34782 b) Find Marquis de Bellecourt's outstanding balance immediately after the 11th payment. Use the unrounded value of Xin your calculation. Answer = $ (10 points) Marquis de Bellecourt takes a $795,000 loan. The loan is to be repaid in 23 blmonthly payments starting two months after the loan was made as follows: for the first 10 months, the lender charges a nominal annual interest rate of 1.5% compounded blmonthly and Marquis de Bellecourt makes payments of 3X; for the next 20 months, the lender charges a nominal annual interest rate of 3.45% compounded bimonthly and Marquis de Bellecourt makes payments of X; and for the last 16 months, the lender charges a nominal annual interest rate of 1.75% compounded bimonthly and Marquis de Bellecourt makes payments of 4X. a) Find X X = $ 34782 b) Find Marquis de Bellecourt's outstanding balance immediately after the 11th payment. Use the unrounded value of Xin your calculation. Answer = $

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