ohn paid $500 per month for 20 years to pay off a mortgage on his house. If his down payment was $5,000 and interest rate was 6% compounded monthly, what was the purchase price of this house?

The balance of an account continuously compounded was $2006 after 7 years and $6790 after 12 years. What's the balance after 14 years? dollars.

Suppose you borrow $5,000 at 7.25% interest for 14 months.  What is the maturity value?

Lia wishes to have $3000 after 3 years in an account that draws 6% nominal interest compounded monthly. How much must he deposit each month, starting in 1 month?

You want $12,000 in your IRA in 6 years. Assuming you get 8% compounded quarterly, how much will you need to put in each quarter?

John has started a new job and wants to open a retirement account. He is now 26 years old and plans to retire when he turns 65. For this, he plans to deposit $ 2815 annually in retirement accounts. Take the annual interest yield is as 9%. a) Calculate how much money he has saved when he retired by drawing a cash flow diagram.

If the interest rate is 10%, the present value of $100 to be paid next year is

Suppose you borrow $3,000 at 6.75% interest for 8 months.  What is the maturity value?

Please answer only handwritten

Shelley purchased a home in Maryland Heights, MO, for $204,000. Her down payment was 20% of the cash price, and she obtained a mortgage for 20 years at 7%. What are Shelley's monthly payment and total interest cost? (Round your answers to the nearest cent.) Monthly payment Total interest cost