Asked by ronald
A debt of $6000 is to be amortized with 8 equal semiannual payments. If the interest rate is 5%, compounded semiannually, what is the size of each payment? (Round your answer to the nearest cent.)
Answers
Answered by
Bella
1448.12
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.