Question: In Problems 32 through 34, given a loan of L =$50,000 is being repaid with semi-annual payments X for 10 years at 2j = 13%

 In Problems 32 through 34, given a loan of L =$50,000

In Problems 32 through 34, given a loan of L =$50,000 is being repaid with semi-annual payments X for 10 years at 2j = 13% per year convertible semi-annually ( =0.065). The first payment X is due six months after the loan is taken out. Find X X X X at j=0,065 1 2 3 *** 0 L -50,000 t=12 ***** n=20 (t=10 years) 32. the installation payment X- a) 4538 b) 4835 c) 5438 d) 5834 33. the Interest paid at 13" payment period, 1 - _ a) 2.762 b) 2,743 c) 1,796 d) 1,697 34. the Principal paid at 13" payment period, A13 a) 1,776 b) 1,795 c) 2,742 d) 2,841

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