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QUESTION 4 You receive a $11,000 5-year constant amortization loan (CAL). The loan's annual interest...

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QUESTION 4 You receive a $11,000 5-year constant amortization loan (CAL). The loan's annual interest rate is 13%. What is the total payment in year 4. rounded to the nearest dollar? 20 points Save A QUESTIONS You receive a 4-year $19,000 negative amortization loan with an interest rate of 11% pa, to be repaid in four annual installments. The loan requires that you make total payments of $500 at 1, 5500 M2. and S100 att -3, with the remaining loan balance paid at maturity. What is the total payment amount at 4. rounded to the nearest dollar? 26988.48

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