How much will Kingston Technologies have to pay each year in 9 equal payments, starting 2 years from now, to repay a $900,000 loan. The interest rate is 13% per year?

How much would a company have to invest now in order to sufficiently provide for annual payments of $313,000 over a 8-year period? Assume the interest rate is 12% per year.

How long will it take RM 2,000 to double if the investment earns interest at the rate of 9% per year compounded monthly?

A real estate company wants to borrow $6.5 million to in a project. The interest rate for the borrowing is 12% in APR compounded quarterly. The first payment will be made at the end of the first quarter after borrowing. If the real estate company wants to pay back a fixed amount of money per quarter for 15 years, what is the quarterly repayment for the real estate company? (with calculations)

You are buying a house for $200,000.00 with a downpayment of $40,000.00. The loan will be paid back over 15 years with monthly payments of $1,307.33. If the interest rate is 5.5% compounded monthly, what would the unpaid balance be immediately after the twenty-ninth payment? What is the equity after the twenty-ninth payment? The unpaid balance would be $ (Round to 2 decimal places.) The equity would be $ (Round to 2 decimal places.)