Mathematics, 19.08.2021 08:20 loxtin495
6. You are considering taking out a loan of $5,000.00 that will be paid back over 9 years with every 2 months
payments of $114.88. If the interest rate is 4.9% compounded every 2 months, what would the unpaid
balance be immediately after the ninth payment?
The unpaid balance would be $
(Round to 2 decimal places.)
Answers: 2
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6. You are considering taking out a loan of $5,000.00 that will be paid back over 9 years with every...
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