You are repaying a loan of ${A} by making payments at the end of every six...
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You are repaying a loan of ${A} by making payments at the end of every six months for {B} years Time left 0:22:11 (c) % compounded (D). Solve for the missing value and complete the partial amortization table below. Do not use units, negative values, or comma separators (eg. use 10000 not $10,000). {A} $42,000 (B) 8 (c) 5.92% (D) annually Missing variable: N = • 16 Partial amortization table: PAYMENT NUMBER 0 1 2 3 6 7 8 TOTAL AMOUNT PAID 3036.99 3036.99 3036.99 47420,74 INTEREST PAID 1242.00 77.50 258.92 15402.05 PRINCIPAL REPAID S48 M M 4663.69 5115.09 5667.18 31018.69 OUTSTANDING PRINCIPAL BALANCE $42,000.00 J *** par 11781.19 626.10 $0.00 You are repaying a loan of ${A} by making payments at the end of every six months for {B} years Time left 0:22:11 (c) % compounded (D). Solve for the missing value and complete the partial amortization table below. Do not use units, negative values, or comma separators (eg. use 10000 not $10,000). {A} $42,000 (B) 8 (c) 5.92% (D) annually Missing variable: N = • 16 Partial amortization table: PAYMENT NUMBER 0 1 2 3 6 7 8 TOTAL AMOUNT PAID 3036.99 3036.99 3036.99 47420,74 INTEREST PAID 1242.00 77.50 258.92 15402.05 PRINCIPAL REPAID S48 M M 4663.69 5115.09 5667.18 31018.69 OUTSTANDING PRINCIPAL BALANCE $42,000.00 J *** par 11781.19 626.10 $0.00
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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