Determine the payment to amortize the debt find the unpaid


1. Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Quarterly payments on $18,500 at 3.9% for 6 years.

2. Question Part Points Submissions Used Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 5 years of monthly payments on $140,000 at 4% for 25 years.

3. A MasterCard statement shows a balance of $540 at 13.8% compounded monthly. What monthly payment will pay off this debt in 1 year 11 months? (Round your answer to the nearest cent.)

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Financial Management: Determine the payment to amortize the debt find the unpaid
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