A mortgage of $27,728.00 is to be repaid by making payments of $1680.00 at the end of every three months. If interest is 9% compounded quarterly, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months) The term is year(s) and month(s).
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- A mortgage of $152,000 is to be repaid by making payments of $847 at the end of each month. If interest is 4.19% per annum compounded annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months). The term of the mortgage is year(s) and month(s).A mortgage of $26, 252.00 is to be repaid by making payments of $ 1368.00 at the end of each year. If interest is 5% compounded annually, what is the term of the mortgage? State your answer in years and months ( from 0 to 11 months). The term is □ year(s) and month(s).A mortgage of $177,000 is to be repaid by making payments of $1064 at the end of each month. If interest is 3.18% per annum compounded semi-annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months). The term of the mortgage is year(s) and month(s).
- A mortgage of $161000 is to be repaid by making payments of $1191 at the end of each month. if interest is 3.62% per annum compounded semi-anually what is the term of the mortgage? State your answer in years and months (from 0 to 11 months).A mortgage of $166,000 is to be repaid by making payments of $1061 at the end of each month. If interest is 3.46% per annum compounded annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months).A mortgage of $106,000 is to be repaid by making payments of $1154 at the end of each month. If interest is 3.08% per annum compounded annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months). The term of the mortgage is | year(s) and ☐ month(s).
- You entered into a 2-year mortgage for $500,000. The mortgage has a 9 percent interest rate compounded semiannually. Loan repayment is made at the end of every three months. What will be the remaining balance on the mortgage after three years?A mortgage of $119,000 is to be repaid by making payments of $945 at the end of each month. f interest is 5.78% per annum compounded annually, what is the term of the mortgage? State your answer in years and months (from 0 to 11 months). The term of the mortgage is year(s) and month(s).A 21-year mortgage is amortized by making payments of $3052.61 at the end of every three months. If interest is 8.45% compounded annually, and you want to know what was the original mortgage balance? Find p (the equivalent rate of Interest per payment period) Select one: a. 0.015075125 b. 0.0055556 O c. 0.024329 d. 0.0204868 e. 0.0078846
- A mortgage of $161000 is to be repaid by making payments of $1191 at the end of each month. if interest is 3.62% per annum compounded semi-anually what is the term of the mortgage? State your answer in years and months (from 0 to 11 months). Please give me only correct answer someone give me incorrect answer. Otherwise i dislike.A 25-year mortgage requires payments of $3,712.70 at the end of each three months. If interest is 2% compounded monthly, a) what was the mortgage principal? $ b) what would be the amount of interest charged? $A fully amortizing mortgage loan is made for $84,000 at 6 percent interest for 25 years. Payments are to be made monthly. Required: a. Calculate monthly payments. b. Calculate interest and principal payments during month 1. c. Calculate total principal and total interest paid over 25 years. d. Calculate the outstanding loan balance if the loan is repaid at the end of year 10. e. Calculate total monthly interest and principal payments through year 10. f. What would the breakdown of interest and principal be during month 50?