A loan of $20,000 is being paid by installments of $1,000 at the end of each six-month period and a smaller final payment made half a year after the last regular payment. The interest rate for the loan is a nominal interest rate of 6% convertible semiannually. Find the outstanding loan balance when the borrower has made payments equal to 75% of the original amount of the loan.

Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center