Find the effective yield on a discount loan with the given discount rate r and the time. (Round your answer to two decimal places.) r = 2%, 2 months

Use a calculator to evaluate the present value of annuity formula. For the values of the variables m, r, and t (respectively). Assume n=12. (Round your answer to the nearest cent).  $50, 5%, 3 years.

Calculate the simple interest rate when P=$3600 , I=_160 and t=4 months. Round to the nearest hundredth

Consider a loan of 1,000,000 which is to be amortized by 60 monthly payments. The interest rate is 10% converted monthly. How much of the 47th payment goes to pay the interest? How much of the 47th payment goes to pay the principal?

Find the future value of the loan. Round tp the nearest cent.  P=$900 r=6% t=5 years

Find the following. (Round your answers to the nearest cent.) FinanceCharge   Number ofPayments   Frequency   Amount   Number ofPayments Left $9.10   12   Monthly   $15   5   (b) the amount needed to pay off the loan

Task: Assume that at time 0 a sum L is lent for a series of n yearly payments. The rth payment, of amount x, is due at the end of the rth year. Let the effective annual interest rate for the rth year be i,. Give an identity which expresses L in terms of the x, and i,. Answer: The identity is [ Select ] [ Select ] L = x_1 (1+i_1)^(-1) + x_2 (1+i_1)^(-1) (1+i_2)^(-2) + .. + x_n (1+i_1)^(-1) (1+i_2)^(-2) ... (1+i_n)^(-n) L = x_1 (1+i_1) + x_2 (1+i_1) (1+i_2) + ... + x_n (1+i_1) (1+i_2) ... (1+i_n) L = x_1 (1+i_1)^(-1) + x_2 (1+i_1)^(-1) (1+i_2)^(-1) + .. + x_n (1+i_1)^(-1) (1+i_2)^(-1) ... (1+i_n)^(-1) Question 3 L = x_1 (1+i_1) + x_2 (1+i_1) (1+i_2)^2 + ... + x_n (1+i_1) (1+i_2)^2 ... (1+i_n)^n

Find the maturity value on a loan of $2,500 at 13.5% interest, for 72 months. Use the formula MV = P + I. O $1,418.75 O $2,025.00 $4,525.00 O $4,930.00

Consider a student loan of ​$12,500 at a fixed APR of 12​%for 25 years. What is the monthly payment?​(Do not round until the final answer. Then round to the nearest cent as​ needed.) The total payment over the term of the loan is?​(Round to the nearest cent as​ needed.)  Of the total payment over the term of the​ loan ​%? is paid toward the principal and ​%? is paid toward interest.

Suppose that you need an amount of money which equals to $10000000. It is possible to find it from bank A at an annual interest rate of 18% under 12 equal payment. If the first payment will be 1 month later the day you used the loan. Find the CF (Cash Flow), the equal payments and prepare the amortization table.