Question 4 of 7 Hannah received a loan of $25,000 at 6.25% compounded monthly. He...
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Accounting
Question 4 of 7 Hannah received a loan of $25,000 at 6.25% compounded monthly. He had to make payments at the end of every month for a period of 6 years to settle the loan. a a. Calculate the size of payments. 0.00 Round to the nearest cent Question 4 of 7 b. Complete the partial amortization schedule, rounding the answers to the nearest cent. Payment Number Payment Interest Portion Principal Portion Principal Balance 0 $25,000.00 E Question 4 of 7 1 $0.00 $0.00 $0.00 $0.00 $0.00 2 $0.00 $0.00 $0.00 ** E > Question 4 of 7 0 $0.00 0 $0.00 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0.00 $0.00 $0.00 0
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