ate of 12% per year.
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- Calculate the principal portion of the second payment on the required on an amortized loan annual interest rate of 8.25% for 20 years. finance the purchase of a new home priced at $99,757.57 assuming the O A. $165.30 O B. $174.17 OC. $175.30 O D. $164.17 Click to select your answer. tUs /- MacBook Air 888 F4 14 F7 F1 F3 FS F6 II 4) F9 F10 F11 @ 2$ 4 23 & 2 6. 0. R Y P. S D F H. J K B alt command +< A ALEKS-Harley Biltoc - Learn O Exponential and Logarithmic Functions Finding the time to reach a limit in a word problem on exponential growt... years Explanation Check X www-awu.aleks.com V A loan of $46,000 is made at 5.25% interest, compounded annually. After how many years will the amount due reach $69,000 or more? (Use the calculator provided if necessary.) Write the smallest possible whole number answer. 3 myPascoConnect 03/5 Portal Harley V Español ? B VSuppose you want to have $600,000 for retirement in 25 years. Your account earns 4% interest. How muc would you need to deposit in the account each month? Submit Question /course/showcalendar.php?cid=179278 Search
- Find the interest earned on $5,750 deposited into a savings account for 3 1/2 years at an annual interest rate of 4 1/2% a. What formula should be used? b. What are you trying to find and what variable does it represent in the formula? c. Solve the problem showing all of your work (must show all steps!!) d. Interpet your answer using a complete sentence You may use the box below to upoload a picture of your written explanation or type it out in the box. Use the "mountain" button to add pictures.Use Goal seek on the loan amount of $825,000. You would like the monthlypayment to be $4500.00. Find a solution for new loan amount, term, and Interestrate. Do not overwrite the Existing data on D3. Hint: Use Cancel when goal seekfinds a solution. Write the solution in the space provided on a spreadsheet.How much would you need to deposit in an account each month in order to have $20,000 in the account in 9 years? Assume the account earns 6% interest. Submit Question .com/course/showcalendar.php?cid=179278 Q Search
- Module 2.6: Understandin... Question Calculate the total cost of a 15-year, $20,000 student loan at an interest rate of 4.5% per year compounded monthly. Round to the nearest dollar. CURRENT OBJECTIVE Evaluate student loan options Provide your answer below: @ W S 3 e d C $ 4 r f 0 % 5 t A 6 Oll y h & 7 FEEDBACK J * 8 j Von b MORE INSTRUCTION m ( 9 k O O SUBMIT PSuppose you want to have $800,000 for retirement in 20 years. Your account earns 7% interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn? Question Help: DVideo Message instructor Submit Question MacBook Air 吕口 F2 F3 F4 F5 F6 F7 F8 @ #3 $ & * 2 3 4 5 7 8. 9 W E R Y S D F G K N I MA ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser%3D0&launchUrl-https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal% Use the following amortization chart: Principal (loan) $88,000 Payment per $1,000 $ 5.68 Monthly mortgage payment $ 499.84 Rate of Selling price of home Down interest Years payment $ 5,000 $ 93,000 5.5% 30 What is the total cost of interest? (Do not round intermediate calculations. Round your answer to the nearest whole dollar.) Total cost of interest acer
- akeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inprogress%3false hapter 11 Lab Application 全 回 Sign ia еBook You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts of Value at the End Investment Rate Times of the Period $7,000 20% 16 years 612,094.91X $11,000 15% 9 years 184,644.26X $15,000 12% 5 years 95,292.71 X $36,000 10% 2 years 75,600.00 Feedback > Check My Work For each scenario, use the rate and time components to use the applicable time value of money table to determine the needed factor. Multiply the investment amount by the future value factor to determine the value of end of the period. 6:38 PM G O 4) ENG 13 68°F Sunny 10/26/2021 O P Type here to search hp %24 %24 %24ll.6 Please make sure to Data Analytics Project #3 completed before answering this question. Click on the "Loan" worksheet. The annual payment on the loan worksheet should be $14,168.37 per year and the monthly payment should be$1,169.67 per month. Which of the following statements is TRUE if we change the down payment to zero and APR (annual percentage rate) to 6.00%? O Both the annual payment and monthly payment will decrease. The annual payment will stay the same and the monthly payment will increase. O The annual payment will increase but the monthly payment will decrease. O Both the annual payment and monthly payment will both increase.Kendra took out a loan for $750 et an 84% APR, compounded monthly, to buy a stereo. If she will make monthly payments of $46.50 to pay off the loan which of these groups of values plugged into the TVM Solver of a graphing calculetor could be used to calculute the number of payments she wil have to make? O A NIN -84, PV--750, PMT-46.5 FV-0, P/Y-1 C/Y-12 PMT END O B. NIN07, PV-750, PMT-46.5, FV-0, P/Y-12 C/Y-12 PMTEND O C. N-IN 8.4 PV-750, PMT-46.5 FV-0 P/Y-12 C/Y-12 PMT:END D. N-IN0.7: PV-750 PMT-46.5: FV-0; P/Y-1; C/Y-12 PMT:END
