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solve this aSap = X LTI Launch Noelle initially borrowed $8,800 from Bank of Montreal at 3.5% compounded semi-annually. After 2 years she repaid $2,992,
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= X LTI Launch Noelle initially borrowed $8,800 from Bank of Montreal at 3.5% compounded semi-annually. After 2 years she repaid $2,992, then 6 years after the $8,800 was initially borrowed she repaid $3,080. If she pays off the debt 10 years after the $8,800 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. P/Y = 2 C/Y = 2 X N = 10 % PV = $ 8800 PMT = $0 FV = $0 X Amount owed after 2 years = $9432.36 (enter a positive value) 4 I/Y = 3.50 Step by Step Solution
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