Suppose you are offered a job that lasts one month. Which  of the following methods of payment do you prefer?I. One million dollars at the end of the month.II. One cent on the first day of the month, two cents on the  second day, four cents on the third day, and, in general,  2n-1 cents on the nth day

You will be in graduate school for the next two years. You borrowed some money from the bank for your graduate education, which the bank has accepted to be paid after you graduate from school in three years. The bank has accepted to the following payment plan; from the beginning of Year 3 (25th month) to end of year 5 (60th month), pay $950 per month 25 and increase payment by 2% every month thereafter. How much money should you put aside each month (equal amount) for the first 24 months (during graduate school) such that you can pay the loan back after graduation? Use an APR of 12%, compounded monthly. Question 7 Part A.

Ryan bought a $255,000.00 house, paying 10% down, and financing the rest at 7% interest for 15 years. A. What is the monthly payment? Ryan has a payment of ___?___a month. Hint:rounded up to nearest penny B. How much interest will be paid over the life of the loan? Ryan will pay___?__ in interest over the life of the loan

An amount of $1547 is borrowed at a discount of interest rate of 8% and the length of of the loan is for 7 months. Then the Discount $ and proceeds $ is 86632.00 , 125307.00 O 124.93 , 2325.66 1548.12 , -185.64 866.32 , 6837.74 O 72.19 , 1474.81