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Quarterly payments are to be made against a 47,500 loan at 5.95% compounded annually with a 6 year amortization. what is the size of the

Quarterly payments are to be made against a 47,500 loan at 5.95% compounded annually with a 6 year amortization. what is the size of the quarterly payment?

-calculate the principal portion of the sixth payment

-calculate the interest portion of the 17th payments

-calculate how much the principal will be reduced in the fourth year

-calculate the total interest paid in the first year

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