The interest rate on a $15,400 loan is 9 8 compounded semiannually Semiannual payments will pay off the loan in eight years (Do not round intermediate calculations Round the PMT and final answers to 2 decimal places ) a Calculate the interest component of Payment 11 Interest b Calculate the princi...

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The interest rate on a $15,400 loan is 9.8% compounded semiannually. Semiannual payments will pay off...

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The interest rate on a $15,400 loan is 9.8% compounded semiannually. Semiannual payments will pay off...

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