meredith borrows $3600 to help pay for nurse's college. she will repay the loan by making equal blended payment of $625 each at the end of every six months. The interest rate is 11%/a, compounded semi annually.
a)without using a spreadsheet, construct an amortization table for the loan repayment
b)what is the final payment if she takes all of the four years to repay the loan
c)what is the last payment if she chooses to repay the loan in seven payments