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Score: 0.08 of 3 pts 6 of 6 (6 complete) HW Score: 68.71%, 10.31 of 15... %x Problem 8-9 (algorithmic) Question Help Delos Debt Renegotiations

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Score: 0.08 of 3 pts 6 of 6 (6 complete) HW Score: 68.71%, 10.31 of 15... %x Problem 8-9 (algorithmic) Question Help Delos Debt Renegotiations (A). Delos borrowed 80 million two years ago. The loan agreement, an amortizing loan, was for six years at 8.623% interest per annum. Delos has successfully completed two years of debt-service, but now wishes to renegotiate the terms of the loan with the lender to reduce its annual payments. a. What were Delos's annual principal and interest payments under the original loan agreement? h After two years deht service how much of the principal is still outstandinn a. What were Delos's annual principal and interest payments under the original loan agreement? Delos's annual payment under the original loan agreement is 17633605.44. (Round to two decimal places.)The annual principal and interest payments are: (Round to two decimal places.) Enter any number in the edit fields and then click Check Answer Check Answer Clear All 8 parts remaining 121 MacBook Pro Score: 0.08 of 3 pts 6 of 6 (6 complete) HW Score: 68.71%, 10.31 of 15. x Problem 8-9 (algorithmic) Question Help renegouale me terms oi ne loan wil ne lenger i reguce its annual payments. a. What were Delos's annual principal and interest payments under the original loan agreement? b. After two years debt service, how much of the principal is still outstanding? c. If the loan were restructured to extend another two years, what would be the annual payments-principal and interest? Is this a significant reduction from the original agreement's annual payments? 1 2 Payments Interest Principal Enter any number in the edit fields and then click Check Answer. Check Answer Clear All 8 Pemaining 121 MacBook Pro

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