Find the unpaid balance after given payments have been made

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Reference no: EM131785287

Question: Loan pay-off a debt of $8000 is amortized with eight semiannual payments of $1288.29 each. If money is worth 12%, compounded semiannually, find the unpaid balance after five payments have been made. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131785287

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