Find the monthly payment for the loan indicated. (Round your final answer to two decimal places. See Example 5.) To purchase a home, a family borrowed $81,000 at an annual interest rate of 5.4% for 20 years

Find the amount of money owed at the end of 5 years if $40,000 is borrowed at 5% per year compounded weekly and no payments are made on the loan. (Simplify your answer completely. Assume there are 52 weeks in a year. Round your answer to the nearest cent.) $

The price of a car you would like to purchase is $17,990. You are approved for a 60 month (5-year) loan at 3.5% compounded monthly with no money down. What is your monthly car payment? Round your answer to the nearest cent (i.e. 2 decimal places). QUESTION 2 You borrow $12,000 from your bank to help pay for some emergency home repairs. This loan is paid back by making quarterly payments of $1100 for a total Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answer