Provide an appropriate response.A $10,000 loan is amortized by equal semiannual payments over 5 years. If the interest rate is 8% compounded semiannually, then the principal repaid in the first payment is
A. $832.91.
B. $806.21.
C. $762.47.
D. $795.38.
E. $853.64.
Answer: A
Mathematics
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