abha purchased a new line of clothing for her designer boutique for $12,680 she paid 20 of

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abha purchased a new line of clothing for her designer boutique for $12,680 she paid 20 of this amount as a down payment and obtained a loan for the balance at 11 compounded monthly if she amortized this loan over five years by making semiannual payments, calculate the size of her payments and the principal balance at the end of two years