Suppose you are considering a two$-$year loan of $$10,000$ that has an APR of $18\%,$ compounded semiannually.

Enter the periodic rate here, rounded to two decimal places: $\%$

Enter the semiannual payment amount here $($as a positive number$),$ rounded to two decimal places:

Fill in the amortization table below with only positive numbers.

Period

Loan Balance at

Start of Period

$1$

$2$

$3$

$4$

Add: Interest Charged

Subtract: Payment

Made

Loan Balance at

End of Period

$2$