Question: Fill out the table below. You do not need to find the final answer. Make sure you put in the correct signs, and indicate which


Fill out the table below. You do not need to find the final answer. Make sure you put in the correct signs, and indicate which value you will compute. NOTE: Make PV positive Lionel bought a $55,000 boat with a 15% down payment, and 8 years of semi-annual payments. If the interest rate is 7.9% effective, and Lionel's first payment is six payments. If the interest rate is 7.9% effective, and Lionel's first payment is six months after the day he bought the boat, how large is each payment? PAY C/Y z INY PV PMT FV BGN (click to select)
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