Question: Given the following partial amortization table for a loan being repaid by level repayment of principle: I(t) PR(t) OB(t) Time K(t) 0 1 223.28 2,290.00

Given the following partial amortization table for a loan being repaid by level repayment of principle: I(t) PR(t) OB(t) Time K(t) 0 1 223.28 2,290.00 20,610.00 21 N 31 4 6 5 Compute the payment amount K3. O a. $2,468.62. O b. $2,740.17 O c. $2,493.31. O d. $2,369.88. O e. $2,690.80. Certainty : Oc=1 (Unsure: 67%) Oc=3 (Quite sure: >80%)

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