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The interest rate on a $ 1 0 5 , 0 0 0 loan is 7 . 4 % compounded semiannually. The monthly payments on

The interest rate on a $105,000 loan is 7.4% compounded semiannually. The monthly payments on the loan are $740.(Round your
answers to 2 decimal places.)
a. Calculate the interest component of Payment 205.
Interest $
b. Calculate the principal component of Payment 140.
Principal $
c. Calculate the final payment.
Final payment
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