Rosie's florist borrows $300,000 to be paid off in six years. the loan payments are semiannual with the first payment due in six months, and interest is at 6%. what is the amount of each payment

$34000

Explanation:

This can be calculated as follows. Assuming Interest rate is annual.

Principal amount + Interest amount = Total payable amount per payment

Principal amount = $300,000/6 years = $50,000 annually or $25000 semi-annually

Interest amount = $300,000 * 0.06 = $18000 annually or $9000 semi-annually

Total Payable = $25,000 + $9000 = $34,000 per payment semi-annually.

Hope that helps.

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

answer decisions made by individual households and firms;