Question: PLEASE(show the steps and equations!(not just factor form)) (don't write using excel) Question 2.5 (10pts) Pelin borrowed $30,000 from a bank at an interest rate

PLEASE(show the steps and equations!(not just factor form)) (don't write using excel)

Question 2.5 (10pts) Pelin borrowed $30,000 from a bank at an interest rate of 14% compounded quarterly. This loan is to be repaid in 20 equal semi-annual instalments over 10 years. Immediately after her 10th payment, Stacy desires to pay the remainder of the loan in a single payment. Compute the total amounts she must pay at that time. A) $15,833.72 B) $15,6543.52 C) $14,789.38 D) Answers A, B and C are not correct

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