Order the answer to: A 15-year loan requires month-end payments of $587.33 including interest

Academic Writing business-corporate-finance Order the answer to: A 15-year loan requires month-end payments of $587.33 including interest

business-corporate-finance

Order the answer to: A 15-year loan requires month-end payments of $587.33 including interest

Question A 15-year loan requires month-end payments of $587.33 including interest at 8.4% compounded monthly.
a. What was the original amount of the loan?
b. What is the balance on the loan after half of the payments have been made?
Subject business-corporate-finance
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