er year at 6% per annum. Josh planned to repay the loan with 10 annual payments of equal amount beginning one y tight after Josh made his fourth annual payment, he refinanced the loan at an effective annual interest rate of 5% for epaid this new 15 year loan with equal payments at the end of each year. How much were these new payments for th A 4,675,000 B с 5,838,000 6,454,000

Assume that you borrow 50,000 JPY under the system of 5% yearly compound interest. (1) If you repay annually in the plan of principal equal payment and pay off at the 10th repayment, calculate the total amount of all 10 repayments. (2) If you repay annually 8,000 in the plan of total (principal and interest) equal payment, you will pay off at 8th payment. How much is your final (8th) payment ? (1) (2)

You borrow X for 10 years at an annual effective interest rate of i = 6%. If you pay the loan amount and accumulated interest at the end of 10 years in one payment you would pay 356.54 more than if you made 10 level payments at the end of each year. Find X.

2) A loan of $50,000 is taken out today at 13 % compounded quarterly and will be repaid over 6 years with end of month payments. How large will those payments be to fully repay the loan?

Harper takes out a loan of $126,500,000, which is to be repaid by annual payments for 25 years. The payments will form a constant growth annuity with each payment being 20% larger than the previous one. The interest rate charged on the loan is 11% compounded annually. What is the size of the first payment? $1,890,589 O $2,729,835 $5,060,000

Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $26,000 after 6 years at 3% if the interest is compounded in the following ways. (a) annually$ (b) quarterly$