-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?

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Q: 3. A 10,000 loan is taken out and the interest rate is 8 percent effective. Payments are made on the…

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Q: Find the periodic payment ?

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A:

Q: Please show how to solve this problem. Interest-only mortgage with monthly payments and loan amount:…

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Q: A 200,000 dollar loan is taken out. Interest is 6 percent nominal, converted monthly. The loan is to…

A: we will only answer the first three subparts . For the remaining subparts, please resubmit the…

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Q: The interest rate for the first five years of a $95,000 mortgage is 7.2% compounded semiannually.…

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