Question: I need answer immediately thank you I need formulas and calculations P QUESTION 8 Hellen borrowed 543,000.00 and agreed to repay the loan in equal

I need answer immediately thank you

I need formulas and calculations

P QUESTION 8 Hellen borrowed 543,000.00 and agreed to repay the loan in equal quarterly payments over 5 years at 5.14% compounded semi-annually? a) Calculate the periodic payment (rounded up to the dollar. Use this rounded value for the rest of your question). b) How much of the 12th payment will be interest? c) What will be the balance after 3 years? e) How much will the principal be reduced in the 3rd year? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IV. Paragraph Arial 10pt TE III

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