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please show work A loan of $4,492 at 12.75% interest compounded semi-annually is to be repaid in four years in equal semi-annual payments. Complete an
please show work
A loan of $4,492 at 12.75% interest compounded semi-annually is to be repaid in four years in equal semi-annual payments. Complete an amortization schedule for the loan. Adjust the final payment so the balance is zero. Fill out the amortization schedule below. (Round to the nearest cent as needed. Do not include the $ symbol in your answers.) Payment Amount of Interest Number Payment Applied to Payment Principal 1 Balance $4,492 Step by Step Solution
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