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Using technology, determine the semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually. Round your answer to the nearest cent.

a.

$1,662.47

c.

$1,925.92

b.

$1,914.11

d.

$1,991.12

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MissPhiladelphia

For the answer to the question on what is the semi-annual payment on a 3-year loan of $8,561 at 9.1% compounded semi-annually.

The answer to this question is The semi-annual payment on a 3-year loan of $8,561 at 9.1% compounded semi-annually is $1,662.47.

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SenpaiTrill

Hello there.

Using technology, determine the semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually. Round your answer to the nearest cent.

a.
$1,662.47

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