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When Albertina opened her law office she bought 19 000 worth of law books and...

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Basic Math

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When Albertina opened her law office she bought 19 000 worth of law books and 6800 worth of furniture She pai 1500 down and agreed to amortize the balance with semiannual payments for 5 years at 11 compounded semiannually Find the amount of each payment Then use the formula for the remaining balance to find the number of remaining payments when the loan has been reduced below 9000 What is the amount of each payment 0 Round to the nearest cent as needed How many payments remained when the loan had been reduced below 9000

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