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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. Compute a 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; and d the principal repaid by the same payment as in part c
tableDebt Principal,tableRepaymentPeriodtablePaymentIntervalInterest Rate,tableConversionPeriodtableOutstandingPrincipal After:$ years, months,quarterly,th payment
a The size of the periodic payment is $
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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