Find the maturity value on a loan of $2,500 at 11.5% interest, for 84 months. Use the formula  MV = P + I.

If $15,000 was borrowed at 12 percent interest with monthly payments of $333.67, how long will take to pay off the loan?    N =_____    I/YR =_____    PV =________  PMT =_________    FV = ____________

Find the amount (in of interest and the maturity value of the loans. Use the formula MV = P + I to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Time $145,000 14/12/2 Need Help? Submit Answer Read It 8 months Interest Enter a number. Maturity Value LA X

Consider two loans with a 1-year maturity and identical face values: a(n) 8.3% loan with a 0.99% loan origination fee and a(n) 8.3% loan with a 4.9% (no-interest) compensating balance requirement. Which loan would have the higher effective annual rate (EAR)? Why? The EAR in the first case is %. (Round to one decimal place.)

Consider a $200,000 loan with fixed monthly payments. Compute the amount of interest savings when the term of the loan is 15 years and the interest rate is 6.2% versus when the term is 30 years and the interest rate is 7.5% assuming that the loan is held until its maturity. Ignore time value of money.

Anny takes out a loan of $1,400, at 8% interest, for 54 months. Use the formula MV = P + I to find the maturity value (in $).