Homework

Do Homer

$20246C$

nt $5$ Winter $2024$

Question $4,14\mathrm{.}3.$A$.1$

HW Score:

$($x$)$ Points

Compute the size of the final payment for the following loan.

$\backslash$table$[[$Principal$,\backslash$table$[[$Periodic$],[$Payment$]],\backslash$table$[[$Payment$],[$Interval$]],\backslash$table$[[$Payment$],[$Made At:$]],$Interest Rate,$\backslash$table$[[$Conversion$],[$Period$]]],[$$$25,000,$$$1,516,6$ months,end,$7\%,$semi$-$annually$]]$

The size of the final payment is $

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.$)$