Question: please type the answer do not hand write Q1: Fixed Payment Loan Amortization Mr.X The most common way of amortizing a loan is to have

please type the answer do not hand write

Q1: Fixed Payment Loan Amortization Mr.X The most common way of amortizing a loan is to have the borrower make a single, fixed payment every period (PMT) Suppose there is a three-year, 9 percent, $3,000 loan was amortized this way, compounded semi-annually, what is the total payment per period? What is the interest paid per period

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