Please do it ASAP and correctly • Question 1You have taken out a loan of $17,000 for 4 years with an interest rate of 3%compounded annually. The loan will be repaid by end of year payments. Fill in all theboxes below, and round all entries to the nearest cent. Enter only positive values forALL ANSWERS.First 3 payment amounts: $Payment number Payment amount InterestPrincipal repaid Balance0)$17,0001)$42)same as above3)same as above4)%$4Total%24%24%24%24%24%24%24%24%24%24%24%24%24%24%24%24%24

The given problem can be solved using PMT function in excel. PMT function computes installment…

Answered: You have taken out a loan of $17,000…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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please solve all part i need answers all Q3): Fill in the entire chart for the below annuities by filling in all the blanks. # Payment and frequency (PMT) Time in years (n) Interest rate and compound frequency (I/Y) Present Value (PV) Future Value (FV) a. $5,682.04 per quarter (end) 5 years 5% compounded quarterly ______________ Not Applicable b. $241.63 per month (end) 69 payments 6 ¼ % compounded monthly Not Applicable _______________ c. $____________ per quarter 7 years and 3 months 3 % compounded semi-annually $7,795.89 Not Applicable d. $445.30 per month __________years 7.45 % compounded quarterly Not Applicable $24,788.40 e. $2,000 beginningof every six months 12 ½ years _______compounded quarterly $37,708.30 Not Applicable f. $2,789.58 beginning of every 3 months 60 months 2.75% compounded quarterly Not Applicable…
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You have taken out a loan of $17,000 for 4 years with an interest rate of 3% compounded annually. The loan will be repaid by end of year payments. Fill in all the boxes below, and round all entries to the nearest cent. Enter only positive values for ALL ANSWERS.