Question: 5. -11 points HarMathAp11 6.5.009. My Notes Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $60,000 for 3
5. -11 points HarMathAp11 6.5.009. My Notes Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $60,000 for 3 years at 8% compounded annually Interest Balance Reduction Unpaid Balance $60,000 $0.00 Need Help? Read 6. -1 points HarMathAp11 6.5.013. My Notes A $20,000 loan is to be amortized for 10 years with quarterly payments of $638.43. If the interest rate is 5%, compounded quarterly, what is the unpaid balance immediately after the sixth payment? (Round your answer to the nearest cent.) Need Help?Wateh N
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