jbarrazasantos jbarrazasantos

08-05-2024
Mathematics

Answered

Using the following table, calculate the missing values for Jake's 7 year student loan for $17,000.00. The annual interest rate is 7.423%, compounded each month. Find the data missing from the table below. Round your answers to the nearest cent. Note: "Principal" below means the principal paid off for that period. Period Payment Interest Principal Balance
1 a b c d
2 e f g h
a=
b=
c=
d=
e=
f=
g=
h=

Answer :

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