Question: The interest rate on a $6400 loan is 10% compounded semiannually. If the loan is to be repaid by monthly payments over a four- year

The interest rate on a $6400 loan is 10% compounded semiannually. If the loan is to be repaid by monthly payments over a four- year term, prepare a partial amortization schedule showing details of the first two payments, Payments 34 and 35, and the last two payments.

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