principal amount was

Anushka and Benicio borrowed $47,000 at 7% compounded semi-annually as a second mortgage loan against their current home. Repayment amount is $9,400 at the end of every year. a. How many payments are required to repay the loan? Number of payments b. Use the given information to complete the amortization table below. Determine the missing values for the first two payment intervals, the last two payment intervals, and the totals. Report results to the nearest cent. Payment Number 0 1 2 ⠀ : N-1 N Total Amount Paid ($) 9,400.00 9,400.00 ⠀ ⠀ 9,400.00 Interest Paid ($) Principal Repaid ($) Outstanding Balance ($) 47,000.00 0.00

Krista borrowed 15,268. The loan is to be repaid by three equal payments due in 52, 146, and 261 days from now respectively. Determine the size of the equal payments at an interest rate of 4 % with a focal date of today.

the payment necessary to amortize a 4.8% loan of $81000 compounded  annually with 7 annual   payments is ​$13897. The total of the payments is ​$97279.77 with a total interest payment of ​$16279.77. The borrower made larger payments of ​$14000.00. Calculate​ (a) the time needed to pay off the​ loan, (b) the total amount of the​ payments, and​ (c) the amount of interest saved. Question content area bottom Part 1 a. The time needed to pay off the loan with payments of ​$14,000.00 is ​(Round up to the nearest​ year.) b. The total amount of the payments is ​$ ​(Round to the nearest cent as​ needed. c. The amount of interest saved is ​$ ​(Round to the nearest cent as​ needed.)