-A debt requires payments of $750 at the end of every three months for 8 years. Calculate the original amount of the debt if money is worth 9% compounded monthly. How much interest is charged?

A $14,000 loan is to be amortized for 10 years with quarterly payments of $467.98. If the interest rate is 6%, compounded quarterly, what is the unpaid balance immediately after the sixth payment? (Round your answer to the nearest cent.)

The interest rate for the first four years of an $89,000 mortgage loan is 8.3% compounded semiannually. Monthly payments are calculated using a 20-year amortization.a. What will be the principal balance at the end of the four-year term? (Do not round intermediate calculations and round your final answer to 2 decimal places.)Principal balance           $  b. What will be the monthly payments if the loan is renewed at 5.7% compounded semiannually (and the original amortization period is continued)? (Do not round intermediate calculations and round your final answer to 2 decimal places.)Payment           $  per month

You are about to borrow $15,000 from a bank at an interest rate of 8% compounded annually You are required to make three equal annual repayments in the amount of $5,820 50 per year, with the first repayment occurring at the end of year 1. Show the interest payment and principal payment in each year Fill in the table below. (Round to the nearest cent.) End of Year 0 Principal Repayment Interest payment Remaining Balance 4

The interest rate for the first five years of a $95,000 mortgage is 7.2% compounded semiannually. Monthly payments are based on a 25-year amortization. Suppose a $3,000 prepayment is made at the end of the third year.a. How much will the amortization period be shortened?

A loan of amount $15560.21 is repaid in 15 annual payments beginning 1 year after the loan is made. The first 6 payments are $1000 each, and the final 9 payments are each $2000. Interest is at an effective annual rate of 5.1%. What is the amount of the principal repayment in the 6th payment?

If you borrow $5000 for five years and seven months at 9% compounded quarterly. How much is owed on the due date?

5) A loan is being repaid with payments of $750 at the end of each year for 25 years. The annual effective interest rate on the loan is 5%. Each loan payment received by the lender is immediately reinvested at an annual effective rate of 6%. a) Calculate the accumulated value of the lender's reinvested payments at the end of 25 years (i.e., immediately after the last payment is made on the loan). b) Find the effective yield rate earned by the lender over the 25-year period.

If $20,000 is set aside for 4 years after 16 years. Uniform deposits starting 3 years from now and continue through year 16, what should each deposit be? If the account earns 8% interest  per year?

A loan in the amount of 300,000 is repaid with 20 end of year payments containing equal principal. The annual effective interest rate isi, and the total interest paid during the life of the loan is 250,000 . Just after the 10 th payment is made, the loan is renegotiated. There will now be 10 end of year payments ofXwith the annual effective interest rate remaining ati. Find the outstanding loan balance just after the 11th payment.