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Question 3 (1 point) Your company takes out a $17,000 equal payment loan over 4 years. The APR is 9% compounded monthly. What is the
Question 3 (1 point) Your company takes out a $17,000 equal payment loan over 4 years. The APR is 9% compounded monthly. What is the current portion of debt and the long term portion of debt in Month O? Current $17,852.62 Long Term $852.62 Current $3,306.19 Long Term $20,306.19 Current $52,562.95 Long Term $35,562.95 Current $3696.56 Long Term $13,303.44 Question 4 (1 point) Your company takes out a $20,000 equal principal loan over 4 years. The APR is 9% compounded monthly. What is the monthly principal payment? $416.67 $497.70 $5000.00 $566.67
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