Question: Given the following partial amortization table for a loan being repaid by level repayment of principle: Time K(t) l(t) PR(t) OB(t) 0 97.20 1,620.00 14,580.00

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) l(t) PR(t) OB(t) 0 97.20 1,620.00 14,580.00 2 4 Compute the payment amount K4. O a. $1,553.00. O b. $1,688.04. O c. $1,789.32. O d. $1,637.40. O e. $1,654.28

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