document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1201711>Question 1201711</A>: <I><SPAN STYLE=\"word-break: break-all;\"> the loan of 25000 euros is amortized for 8 years with 7% interest (and semiannual capitalization). how much will the semester annuity be?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #836203 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=836203\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the present value of the mortgage is 25000<BR>\n" );
document.write( "the interest rate is 7% per year compounded semi-annually = 3.5% every half year.<BR>\n" );
document.write( "the payments are made at the end of each half year for 8 years * 2 = 16 half years.<BR>\n" );
document.write( "the payments at the end of each half year will be equal to 2067.12, rounded to two decimal places.<BR>\n" );
document.write( "i used the twxas instruments business analyst 2.<BR>\n" );
document.write( "a comparable calculator online is at <a  rel=nofollow HREF= \"https://arachnoid.com/finance/\" target = \"_blank\">https://arachnoid.com/finance/</a><BR>\n" );
document.write( "here are the results from using that calculator.\r<BR>\n" );
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document.write( "the present value is positive because it's money received.<BR>\n" );
document.write( "the payment at the end of each half year is negative because it's money spent. </SPAN>\n" );
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