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The payment neciestary to amenize a 4.6% loan of $85,000 compounded annwally, with 9 annual payments is $11,746.56. The total of the payments is $105,719.04

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The payment neciestary to amenize a 4.6% loan of $85,000 compounded annwally, with 9 annual payments is $11,746.56. The total of the payments is $105,719.04 with a tolal interest payment of A. The time needed to pay of the loan with payments of $12,000.00 is years (Riound up to the nearest yeat.)

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