Question: Given the following partial amortization table for a loan being repaid by level repayment of principle: Time k(t) I(t) PR(t) OB(t) 0 256.00 2,560.00 23,040.00

Given the following partial amortization table for a loan being repaid

Given the following partial amortization table for a loan being repaid by level repayment of principle: Time k(t) I(t) PR(t) OB(t) 0 256.00 2,560.00 23,040.00 2 3 Compute the payment amount K3. O a $2,654.21. O b. $2,626.56. O c. $3,124.22. O d. $2,764.80. O e. $2,820.10. Certainty : OC=1 (Unsure: 67%) OC=3 (Quite sure: >80%)

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