Question: A $ 3 3 , 9 5 0 loan at 1 0 . 6 % compounded semiannually is to be paid off by a series

A $33,950 loan at 10.6% compounded semiannually is to be paid off by a series of $4,000 payments that will be made at the end of every six months. How much of the 10th payment will be credited towards reduction of the principal?
A $33,950 loan at 10.6% compounded semiannually is to be paid

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