Tuesday
July 22, 2014

Homework Help: math

Posted by Katelyn on Tuesday, December 11, 2012 at 10:11pm.

A $15,000 debt is to be amortized in 12 equal semiannual payments at 5.5% interest per half-year on the unpaid balance. Construct an amortization table to determine the unpaid balance after two payments have been made. Round values in the table to the nearest cent.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Amoritizing Loans - "A woman borrows $6000 at 9% compounded monthly, which is to...
Computer science - Paying Off Credit Card Debt Each month, a credit card ...
computer programming - Paying Off Credit Card Debt Each month, a credit card ...
Mathematics - Construct a schedule for the amortization of: (a) a debt of $15,...
Mathematics - Construct a schedule for the amortization of: (a) a debt of $15,...
computer programming - Paying Off Credit Card Debt Each month, a credit card ...
Math - Sarah secured a bank loan of $200,000 for the purchase of a house. The ...
algebra - my scenario, to start a small business you will need a loan of $50.000...
Math 123 - carolyn borowed $125 if the interest rate is 1.5% per month on the ...
Math - if the interest rate on a home mortgage is 9%, then each month you pay 0....

Search
Members