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You are is repaying a loan of ${A} by making payments at the end of every six months for {B} years. Interest is {C}% compounded

You are is repaying a loan of ${A} by making payments at the end of every six months for {B} years. Interest is {C}% compounded semi-annually.

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1. Enter your student number in the yellow box.

2. Correctly fill in the blanks below (FV, PV, IY, CY, PY, PMT, and N).

3. Solve for the missing variable.

4. Complete the amortization table below (a partial table, with the first three (3) and last three (3) periods is sufficient), including a TOTAL row.

{A} $132,940 {B} 3 {C} 3.30% FV = PV = IY = CY = PY = PMT = N =

PAYMENT NUMBER AMOUNT PAID INTEREST PAID PRINCIPAL REPAID OUTSTANDING PRINCIPAL BALANCE

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