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The interest rate on a $105,000 loan is 7.4% compounded semiannually. The monthly payments on the answers to 2 decimal places.) a. Calculate the interest
The interest rate on a $105,000 loan is 7.4% compounded semiannually. The monthly payments on the 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 The interest rate on a $105,000 loan is 7.4% compounded semiannually. The monthly payments on the 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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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
