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) 1 155.03 1,590.00 14,310.00

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) 1 155.03 1,590.00 14,310.00 2 3 4 5 Compute the payment amount K4. a. $1,851.38 b. $1,698.52. c. $1,834.40. d. $1,732.49. e. $1,579.62

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