The following is an amortization schedule for a loan of $5000 to be repaid over two years at 7% compounded semiannually (depicted below in the table). Find the value of A, B, C, and D.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The following is an amortization schedule for a loan of $5000 to be repaid over two years at 7% compounded semiannually (depicted below in the table). Find the value of A, B, C, and D.

Payment Interest Principal Outstanding
repaid loan balance
5000.00
3813.74
Year
amount
paid
1 /2
1361.26
175.00
1186.26
1
1361.26
A
B
3 /2
1361.26
90.51
D
1315.22
2
1361.26
46.03
1315.22
Transcribed Image Text:Payment Interest Principal Outstanding repaid loan balance 5000.00 3813.74 Year amount paid 1 /2 1361.26 175.00 1186.26 1 1361.26 A B 3 /2 1361.26 90.51 D 1315.22 2 1361.26 46.03 1315.22
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