Debby Robinson borrows $10,000 to be repaid over 10 years with equal annual payments at 9%. Repayment of principal in the second year is:

K A student takes out a loan of $1,400 at the beginning of each semester (semi-annually) for 11 semesters to pay for college. The loan charges 6.6% interest compounded semiannually. The student graduates after the 11 semesters and refinances the loan to a lower 5.9% rate compounded monthly with monthly payments (made at the end of each month) for 120 months. Find the monthly payment and the total interest paid. NO The monthly payment is $. (Round to the nearest cent as needed.) Ask my instructor 7 The total amount of interest paid is. $(Round to the nearest cent as needed.) ali Clear all tv NA Check answor

Liza Ammorante borrow  125,000 per annum to be paid in 5 years time, on equal yearly at 6.735% per annum to be paid in 5 years time, on equal yearly amortization.  Make a matrix - Schedule of Liza's loan where she is going to a fixed amount in which the the interest charges are to be paid in diminishing balance the principal payment every year is an on increasing amount

If Martha borrowed $22,000 from Wachovia Bank at 7.5 percent interest for 3 years, the principal (face value) of the loan would be