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  3. on january 2001 a company takes a 19 000 000 loan

On January 2001 a company takes a 19 000 000 Loan to purchase an apartment...

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Algebra

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On January 2001 a company takes a 19 000 000 Loan to purchase an apartment complex The loan is to be financed over 8 years at an interest rate of 7 25 payable every six months a What is the periodic payment on the loan b What is the total amount interest paid after two years C How much of the Principal amount of the loan is yet unpaid

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