Jessica owes $75000 to be amortized with equal semi-annual payments over 3 years at j2=6%....

80.2K

Verified Solution

Question

Finance

image
Jessica owes $75000 to be amortized with equal semi-annual payments over 3 years at j2=6%. What is the size of the final payment if the semi-annual payment is rounded up to the nearest dollar? Answer: $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students