Question: write clearly please or use keyboard to write. Jeffrey received a $30,850 loan from a bank that was charging interest at 4.50% compounded semi-annually. a.

write clearly please or use keyboard to write. Jeffrey received a

$30,850 loan from a bank that was charging interest at 4.50% compounded

write clearly please or use keyboard to write.

Jeffrey received a $30,850 loan from a bank that was charging interest at 4.50% compounded semi-annually. a. How much does he need to pay at the end of every 6 months to settle the loan in 5 years? Round to the nearest cent b. What was the amount of interest charged on the loan over the 5-year period

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