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PLEASE HELP A loan from Scotiabank for $195,000 is repaid by making payments at the beginning of every six months for 9 years. If interest
PLEASE HELP
A loan from Scotiabank for $195,000 is repaid by making payments at the beginning of every six months for 9 years. If interest is 6.06% compounded semiannually: What is the amount of each payment? Round all answers to two decimal places if necessary. Choose BGNBGN or ENDEND ? END BGN P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ What is the cost of financing? Round the answer to two decimal places. Cost of Financing = $(enter a positive value)
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