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An amortization, Mathematics
Ahmad borrowed $450000.00 at 3% compounded semiannually for ten years to buy an apartment. Equal payments are made at the end of every six months.
a) Determine the size of the semiannual payments.(6 marks)
b) Prepare an amortization schedule showing the details of the first two payments and the totals of all payments.(10 marks)
Posted Date: 5/16/2018 3:31:34 PM  Location :
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