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Present and future values of $1 at 3% are prevented below Micro Brewery boirows $320,000 to be iepaid in equal installments over a period of

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Present and future values of $1 at 3% are prevented below Micro Brewery boirows $320,000 to be iepaid in equal installments over a period of five years. The loan payments are semiannual with the fest payment due in six months, and interest is of 6%. What is the amount of each semiannial payment? Micro Brewery borrows $320,000 to be iepaid in equal installments over a period of five years. The loan payments are serivannual with the first payalnem due in sx. months, and interest is of 6%. What is the amount of each semiannial payment? Muitiole Croice $36,421 $32,000 $32.950 $37,514

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