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The debt is amortized by equal payments made at the end of each payment interval. Compute ( a ) the size of the periodic payments;
The debt is amortized by equal payments made at the end of each payment interval. Computea the size of the periodic payments; b the outstanding principal at the time indicated; c the interest paid by the payment following the time indicated for finding the outstanding principal; andd the principal repaid by the same payment as in part c Debt Principal Repayment Period Payment Interval Interest Rate Conversion Period Outstanding Principal After: $ comma years months monthly th payment Question content area bottom Part a The size of the periodic payment is $ enter your response here. Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
The debt is amortized by equal payments made at the end of each payment interval. Computea the size of the periodic payments; b the outstanding principal at the time indicated; c the interest paid by the payment following the time indicated for finding the outstanding principal; andd the principal repaid by the same payment as in part c
Debt Principal
Repayment Period
Payment Interval
Interest Rate
Conversion Period
Outstanding Principal After:
$ comma
years
months
monthly
th payment
Question content area bottom
Part
a The size of the periodic payment is $
enter your response here.
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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