Jesse received a loan of $27,000 at 4.5% compounded semi-annually. He had to make payments...
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Accounting
Jesse received a loan of $27,000 at 4.5% compounded semi-annually. He had to make payments at the end of every half-year for a period of 5 years to settle the loan. a. Calculate the size of payments. a. Calculate the size of payments. Round to the nearest cent b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places
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