13. A loan of 40,000 with interest at 6% payable semiannually is to be amortized by equal payments at the end of each 6 months for 5 years. How much is the periodic payment? d.4,689.22 a 4,256.76...

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Extracted text: 13. A loan of 40,000 with interest at 6% payable semiannually is to be amortized by equal payments at the end of each 6 months for 5 years. How much is the periodic payment? d.4,689.22 a 4,256.76 b.4,324.37 c.74,289.65