Solution-What was the size of the semi

What was the size of the semi - annual payments

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Question - Shawn obtained a business loan of $320,000 at 4.63% compounded semi - annually.

a. What was the size of the semi - annual payments to be made over 15 years in order to pay off the loan?

b. Calculate the interest paid on the loan.

Reference no: EM133147405

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What was the size of the semi - annual payments : Shawn obtained a business loan of $320,000 at 4.63% compounded semi - annually. What was the size of the semi - annual payments

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What was the size of the semi - annual payments

Reference no: EM133147405

Reference no: EM133147405

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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