2. You have been approved for a $72,000 4-year loan earning 10.8% compounded monthly. (a) What are your monthly payments? (b) Create an amortization schedule for the first two payments made. (c) What...

Math 2

2. You have been approved for a $72,000 4-year loan earning 10.8% compounded monthly.<br>(a) What are your monthly payments?<br>(b) Create an amortization schedule for the first two payments made.<br>(c) What is your unpaid balance after 2 years of payments have been paid?<br>

Extracted text: 2. You have been approved for a $72,000 4-year loan earning 10.8% compounded monthly. (a) What are your monthly payments? (b) Create an amortization schedule for the first two payments made. (c) What is your unpaid balance after 2 years of payments have been paid?

Jun 07, 2022

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2. You have been approved for a $72,000 4-year loan earning 10.8% compounded monthly. (a) What are your monthly payments? (b) Create an amortization schedule for the first two payments made. (c) What...

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