Question: Assignment 11 Close Date: Sun, Dec 3, 202311:59 PM Question 2 of 6 Shane purchased a machine for $20,000 for his company. amount as a

 Assignment 11 Close Date: Sun, Dec 3, 202311:59 PM Question 2

Assignment 11 Close Date: Sun, Dec 3, 202311:59 PM Question 2 of 6 Shane purchased a machine for $20,000 for his company. amount as a down payment and financed the rest at 4.82% paid $1,125 at the end of every quarter to settle the loan. a. What was the principal portion of payment number 4 ? Round to the nearest cent b. What was the interest portion of payment number 4 ? Round to the nearest cent

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