document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1088627>Question 1088627</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A debt of $8000 is to be amortized with 6 equal semiannual payments. If the interest rate is 11%, compounded semiannually, what is the size of each payment? (Round your answer to the nearest cent.)\r<BR>\n" );
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document.write( "Thank you, having trouble with this one. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #702934 by </B><A HREF=/tutors/aboutme.mpl?userid=Fombitz><B>Fombitz(32388)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Fombitz><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Fombitz><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=702934\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Since it's compounded semi-annually and paid semi-annually, you can treat it as a straight 12 payment mortgage schedule with a 5.5% interest.<BR>\n" );
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