Question: Please use the BA II plus calc to solve this. and give me a clear answer. Thank you A debt of $45,000 is repaid over
A debt of $45,000 is repaid over 13 years with payments occurring monthly Interest is 6% compounded quarterly. (a) What is the size of the periodic payment? (b) What is the outstanding principal after payment 88 ? (c) What is the interest paid on payment 89 ? (d) How much principal is repaid in payment 89
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