Preview File Edit View Go Tools Window Help OO Screen Shot 2020-03-16 at 12.35.52 PM @ Q Search The payment necessary to amortize a 6,6% loan of $97,000 compounded annually, with 10 annual payments is $13,556 37 The total of the payments is $135,563.70 Sh with a total interest payment of $38,563.70. The borrower made larger payments of $14,000.00. Calculate (a) the time needed to pay off the loan, b) the total amount of the payments, and (c) the amount of interest saved 2020 SPRING