Exercise 4-23 (Static) (LO4-2, LO4-3) In recent years, due to low interest rates, many homeowners refinanced their home mortgages. Linda Lahey is a mortgage officer at Down River Federal Savings and Loan. Below is the amount refinanced for 20 loans she processed last week. The data are reported in thousands of dollars and arranged from smallest to largest. 59.2 59.5 61.6 65.5 66.6 72.9 74.8 77.3 79.2 83.7 85.6 85.8 86.6 87.0 87.1 90.2 93.3 98.6 100.2 100.7 Click here for the Excel Data File a. Find the median, first quartile, and third quartile. (Enter your answers in thousands and round your answers to 2 decimal places.) b. Find the 26th and 83rd percentiles. (Enter your answers in thousands and round your answers to 2 decimal places.)

You take out a $200 loan that charges 6.8% simple interest. How much will you owe, including interest, after 4 years? Round to 2 decimal places, if needed. Do NOT use the dollar sign in the answer box. You will owe $  Blank 1. Calculate the answer by read surrounding text.

Calculate the accrued interest (in $) and the total purchase price (in $) of the bond purchase. (Round your answers to the nearest cent.) Company CouponRate MarketPrice TimeSince LastInterest AccruedInterest Commissionper Bond BondsPurchased TotalPrice Company 2 9.2 79.75 23 days $  $9.35 15

Worksheet 3.5 5. Find the total monthly payment for a $225,000 mortgage loan at 4.25% for 30 years. The assessed value of the home is $240,000. The annual taxes on the home are 1.1% of the assessed value and the insurance on the home costs $950 per year. Round your answer to the nearest whole dollar.

Susan has a​ 25-year home mortgage of ​$213,570 at 4.75​% interest and will pay ​$1,727 annual insurance premium. Her annual property tax will be ​$2,173. Find her monthly PITI payment. (Round to the nearest cent as​ needed.) Data table Years Annual interest rate financed ​3.00% ​3.25% ​3.50% ​3.75% ​4.00% ​4.25% ​4.50% ​4.75% ​5.00% ​5.25% ​5.50% ​5.75% ​6.00% ​6.25% ​6.50% ​6.75% 10 9.66 9.77 9.89 10.01 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 11.10 11.23 11.35 11.48 12 8.28 8.40 8.51 8.63 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 9.76 9.89 10.02 10.15 15 6.91 7.03 7.15 7.27 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 8.44 8.57 8.71 8.85 17 6.26 6.39 6.51 6.64 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 7.83 7.97 8.11 8.25 20 5.55 5.67 5.80 5.93 6.06 6.19 6.33 6.46 6.60 6.74…

Use PMT = . Round to the nearest dollar. Suppose that you borrow $10,000 for four years at 7% toward the purchase of a car. Find the monthly payments and the total interest for the loan.   A.$281; $13,488 B.$239; $1472 C.$624; $19,952 D.$239; $11,472

Calculate the missing information for the stock. (Round current yield to the nearest tenth of a percent.) Company Earningsper Share AnnualDividend Current Priceper Share CurrentYield(as a %) Price-EarningsRatio a medical case management company $6.69 $1.30 $53.52 %

In April 2014, you could buy a 10-year U.S. Treasury note (“T-note,” a kind of bond) for $10,000 that pays 2.726% simple interest every year through April 4, 2024. How much total interest would it earn by then?$__________. Give your answer to the nearest whole number.

ASAP

You own a home that was recently appraised for $310,000. The balance on your existing mortgage is $125,350. If your bank is willing to loan up to 70% of the appraised value, what is the potential amount (in $) of credit available on a home equity loan? Need Help? Read It Watch It Master It