A $13,000 loan that charges 4% interest compounded semi-annually is repaid by annual payments over 5...

 

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A $13,000 loan that charges 4% interest compounded semi-annually is repaid by annual payments over 5 years. Complete the following amortization schedule. For full marks your answer(s) should be rounded to the nearest cent. Payment Payment Amount Interest Portion Principal Portion Principal Balance Remaining Number ($) (PMT) ($) (INT) ($) (PRN) ($) (BAL) Start 0.00 1 0.00 0.00 0.00 0.00 2 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 5 0.00 0.00 0.00 0.00 Total 0.00 0.00 0.00 Question 4 [5 points] Irlene takes out a $26,000 loan at 5.75% interest compounded annually. It is repaid with quarterly payments over 6 years. What is the amount of the final payment? For full marks your answer should be rounded to the nearest cent.. Final Payment = $ 0.00 A $13,000 loan that charges 4% interest compounded semi-annually is repaid by annual payments over 5 years. Complete the following amortization schedule. For full marks your answer(s) should be rounded to the nearest cent. Payment Payment Amount Interest Portion Principal Portion Principal Balance Remaining Number ($) (PMT) ($) (INT) ($) (PRN) ($) (BAL) Start 0.00 1 0.00 0.00 0.00 0.00 2 0.00 0.00 0.00 0.00 3 0.00 0.00 0.00 0.00 4 0.00 0.00 0.00 0.00 5 0.00 0.00 0.00 0.00 Total 0.00 0.00 0.00 Question 4 [5 points] Irlene takes out a $26,000 loan at 5.75% interest compounded annually. It is repaid with quarterly payments over 6 years. What is the amount of the final payment? For full marks your answer should be rounded to the nearest cent.. Final Payment = $ 0.00