Question: 1. 2. Find the amortization table or a $23 000 loan amortized over 3 years with sem annual payments if he interest rates 8 %
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Find the amortization table or a $23 000 loan amortized over 3 years with sem annual payments if he interest rates 8 % er year compounded sem annua ound your ans esto e nearest cent . Payment Toward Payment Toward Payment Made Principle Period Principal Interest 23000 Sarah secured a bank loan of 160,000 for the purchase of a house. The mortgage is to be amortized through monthly payments for a term of 15 years, with an interest rate of 3%/year compounded monthly on the unpaid balance. she plans to sell her house in 5 years. How much will Sarah still owe on her house at that time? (Round your answer to the nearest cent.) 93704.2
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