Question: please solve this question completely, correctly and clearly. thanks! Question 5 of 7 Hui took a loan of $75,000.00 for 62 months at 8.60% compounded

please solve this question completely, correctly and clearly. thanks! Question 5

please solve this question completely, correctly and clearly. thanks!

Question 5 of 7 Hui took a loan of $75,000.00 for 62 months at 8.60% compounded semi-annually. Answer the following questions, rounding your answer to two decimal places. a. What is the maturity value of the loan. Round to the nearest cent b. What is the total amount of interest which accumulated on the loan to maturity? Round to the nearest cent

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