Question 1 You are buying a $300,000 house. You will make the standard 20% down payment, and will finance the rest for 30 years. Your interest rate is 6%. What percentage of your first 10 payments will go just to pay interest on the loan? a) 17% 5) 69% C) 83% d) 31% e) 6%

Economics You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate of 5% one year and 7% other year. How much money will you have at the end of year thirty if there are different interest rates after year 30 as shown in the diagram below? 1 2 3 26 27 28 29 30 5% 7% 5% 7% 5% 7% 5% %7 F? 2000 1000 2000 1000 1000 2000 1000 2000 1000 Select one: O a. 117724 O b. 90000 O c. 120408 O d. 106141 O e. 18050

V5.Loan amount $75000 interest rate - 3.15 %   if I earn a salary of $40000 with 4% growth for 10 years . how long will it take to pay of the loan

8. Suppose that you want to take a five-year loan of $80,000. The interest rate is 9% per year, and the loan calls for equal annual payments. How much do you need to pay each year? A. $17,120.1 B. $19,169.4 C. $20,567.4 D. $21,333.1

QUESTION 22 Ann wants to buy a building. The annual NOI for the building will be $175,000. She wants to get a 20 year interest only fixed rate mortgage at an annual rate of 8.35% with annual compounding and annual payments to buy the building. The lender has a minimum Debt Service Coverage Ratio (DSCR) of 1.20. What is the largest annual loan payment the lender will allow Ann to make based on the DSCR? OA. $1,746,506.99 B. $210,000.00 OC. $145,833.33 OD. $102,600.26

QUESTION 1 You plan to buy a machine that has a total cost of RM90,400. You will make a down payment of 10% of the price of the machine. The remainder of the machine’s cost will be financed over a period of 5 years. You will repay the loan by making equal monthly payments. Your quoted annual interest rate is 10% compounded monthly. (a) What will the monthly payment be? (b) If you make a monthly payment at the beginning of every month, how would your answer change in (a)? Briefly explain. Note: 1Please clear question answer no Whois one (a),& (b) 2. No need excel formula

6. You plan to buy a house that sells for $250,000. You plan to put 10% down and finance the rest. You are exploring the following financing options: i. 30-yr mortgage with a stated annual interest of 6.5% ii. 15-yr mortgage with a stated annual interest of 6%. You plan to pay off the loan by making equal monthly payments. What would be your monthly payment if you take the 30-yr mortgage? How much (total) interest would you pay over the life of the loan? $1422.15, $286,974 b. What would be your monthly payment if you take the 15-yr mortgage? How much (total) interest would you pay over the life of the loan? $1898.68, $116,762.01 a.

QUESTION 1 You plan to buy a machine that has a total cost of RM90,400. You will make a down payment of 10% of the price of the machine. The remainder of the machine’s cost will be financed over a period of 5 years. You will repay the loan by making equal monthly payments. Your quoted annual interest rate is 10% compounded monthly. a. What will the monthly payment be? b.If you make a monthly payment at the beginning of every month, how would your answer change in (a)? Briefly explain.

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Mortgage, part 1 (The Loan)5 years ago you purchased a home for $215,000. You made a 10% down payment and paid for the rest with a 30 year mortgage with a rate of 4.65%. How much was the down payment?  How much of the purchase price did you finance with the loan?  What is your monthly payment? Use solver. Clearly write the formula you will use as well as all values used in the formula.  How much of the loan is left to pay after the first 5 years? Use solver. Clearly write the formula you will use as well as all values used in the formula.  How much did you pay to the lender (total) over the first 5 years?  How much of what you paid to the lender in the first 5 years was interest?  If you paid this loan for all 30 years, how much interest would you pay?