Question: The interest rate on $ 1 5 , 8 0 0 loan is 1 0 . 2 % compounded semi annually semi annual payment will
The interest rate on $ loan is compounded semi annually semi annual payment will pay off the loan in seven yeas.A calculate the interest component of payment B calculate the principal component of payment C calculate the interest paid in Year D How much do payments snacks include reduced the principal balance?
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