8
QuizMultiple Choice

Amortization

Question 8 • FT GMS AMDM B IC – 72

Using technology, determine the semi-annual payment on a 6 year loan of $19,264 at 7.2% compounded semi-annually. Round you answer to the nearest cent.a.$2,468.16c.$1,997.91b.$2,451.29d.$2,005.26

Answer
A
A
B
B
C
C
D
D
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