Find the amortization payment you would need to make every six months, at 6% interest compounded semiannually, to pay off a loan of $4,000 in 6 years. (Use Table 12-2 from text)
A) $767.41
B) $813.45
C) $390.14
D) $401.85

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The Answer of Find the amortization payment you would need to make every six months, at 6% interest compounded semiannually, to pay off a loan of $4,000 in 6 years. (Use Table 12-2 from text)
A) $767.41
B) $813.45
C) $390.14
D) $401.85

Find the Amortization Payment You Would Need to Make Every