Question: can someone please help (16 marks) Keiko has a loan with an effective rate per payment period of 0.32854%. The principal amount of the loan

can someone please help (16 marks) Keiko has a loan with an can someone please help

(16 marks) Keiko has a loan with an effective rate per payment period of 0.32854%. The principal amount of the loan is $23,802.18 and the level payments are $228.09. a) Compute the term of the loan (number of periods). b) Keiko changes her payments to $227.00 per period. Now compute how many periods it takes Keiko to pay off the loan if her last payment is a balloon payment. (The effective rate per period is unchanged.) c) What is the amount of her final payment in part b)

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