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This Question: 2 pts 6 of 8 (4 complete) The debt is amortized by the periodic payment shown. Compute (a) the number of payments required
This Question: 2 pts 6 of 8 (4 complete) The debt is amortized by the periodic payment shown. Compute (a) the number of payments required to amortize the debt; (b) the outstanding principal at the time indicated Payment Debt Principal Debt Payment Interest Rate Conversion Outstanding Interval Period Principal After: $15,000 $928 6 months monthly 8th payment 6% (a) The number of payments required to amortize the debt is (Round up to the nearest integer.) (6) The outstanding principal is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Enter your answer in each of the answer boxes. G
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