Using technology, determine the semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually. Round your answer to the nearest cent.a.$1,662.47c.$1,925.92b.$1,914.11d.$1,991.12

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Installment Loans

Using technology, determine the semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually. Round your answer to the nearest cent.a.$1,662.47c.$1,925.92b.$1,914.11d.$1,991.12

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