A investor's price for a townhouse was $160 000.00. Sepaba Investments., the buyers of the rental unit, paid $40 000.00 down and financed the balance by making equal payments at the end of every six months for 25 years. Interest is 6% compounded semi-annually.
a) What is the size of the semi-annual payment?
b) How much will Sepaba Investments. owe after 20 years?
c) What is the total cost of the building for Sepaba Investments?
d) What is the total interest included in the payments?

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The Answer of A investor's price for a townhouse was $160 000.00. Sepaba Investments., the buyers of the rental unit, paid $40 000.00 down and financed the balance by making equal payments at the end of every six months for 25 years. Interest is 6% compounded semi-annually.
a) What is the size of the semi-annual payment?
b) How much will Sepaba Investments. owe after 20 years?
c) What is the total cost of the building for Sepaba Investments?
d) What is the total interest included in the payments?

A Investor's Price for a Townhouse Was $160 000