Question: Question 2 (9 points) AquatTech borrowed 200,000 for a new project at 5% APR compounded bi-weekly over 25 years. They make payments of $539.32 at

Question 2 (9 points) AquatTech borrowed 200,000 for a new project

Question 2 (9 points) AquatTech borrowed 200,000 for a new project at 5% APR compounded bi-weekly over 25 years. They make payments of $539.32 at the end of each two weeks to pay off the loan. In the three below boxes, write the following answers in ORDER: 1- In their first payment, how much interest they paid? 2- In their first payment, how much of the loan they paid off? 3- What is the closing balance at the end of the first payment period

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