please no stupid indian excel answers, please explain step by step how to answer this with explanations thank you and again i remind no stupid indian who thinks they are the smartedt in the world with financial calculqtors thank you
Homework Answers
Annuity = [PVA x r] / [{1 - (1 + r)-n}]
= [$350,000 x (0.09/12)] / [1 - (1 + 0.09/12)-20x12]
= $2,625 / 0.8336 = $3,149.04
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please no stupid indian excel answers, please explain
step by step how to answer this with...
hi please explain step by step how to solvw this and the name of the formula...
hi please explain step by step how to solvw this and
the name of the formula used thank you
Youf are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to:
hi please can someone say how to solve this Question 14 You are considering buying a...
hi please can someone say how to solve this
Question 14 You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to:
hi how do i solve this please explain You are considering buying a new home. You...
hi how do i solve this please explain
You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to: A. 18,910.72 B. 3,149.04 C. 38,341.27 D. 3,070.42 E, 2,635.35 F. None of the above is correct.
Please help by providing explanation/step by step processes for solutions. Thank you! A stock broker offers you an inve...
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14) 14, You are considering purchasing a new home. You will need to borrow $270,000 to...
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D) 7.9% You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortga...
D) 7.9% You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortgage company offers you a 20- year fixed rate mortgage at 6 % APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: 14) A) $3094 B) $1934 C) $1547 D) $2708 5 A bank offers a loan that will requires you to pay 8% interest compounded semiannually. Which of the following...
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10) An investment will pay you S120 in one year and $200 in two years. If...
10) An investment will pay you S120 in one year and $200 in two years. If the interest rate is 7%, what is the present value of these cash flows? A) S294.69 B) $286.84 C) $299.07 D) $320.00 11. A bank is negotiating a loan. The loan can either be paid off as a lump sum of $120.000 at the end of five years, or as equal annual payments at the end of each of the next five years. If...
PLEASE EXPLAIN HOW TO CREATE THE AMORTIZATION TABLE IN EXCEL! Mini-Project 1: Mortgage Loan Analysis (50...
PLEASE EXPLAIN HOW TO CREATE THE AMORTIZATION TABLE IN EXCEL! Mini-Project 1: Mortgage Loan Analysis (50 points): You plan to buy a house in December 2019. The sale price is $385,000. You need to pay 20% down payments and borrow additional 80% from Bank of America with a 25-year, 3.0% fixed-rate mortgage loan. You are expected to pay an equal MONTHLY payment starting from January 2020 for a total of 25 years. (1) Calculate your expected monthly mortgage payment. (2)...
I have to do this in Excel. Please Provide the formulas step by step and a...
I have to do this in Excel. Please Provide the formulas step by
step and a screenshoot of output how it looks in the end.
Thank you.
Question is about the MARKET vs the CONTRACTUAL value of a loan
with refinancing, and cost of a loan and cost of refinancing in
terms of points. Has to be in monthly terms.
You want to buy a house of a million dollars, and the bank is giving you a loan with 1.5...
hi please explain step by step how to solvw this and
the name of the formula used thank you
Youf are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to:
hi please can someone say how to solve this
Question 14 You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to:
hi how do i solve this please explain
You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to: A. 18,910.72 B. 3,149.04 C. 38,341.27 D. 3,070.42 E, 2,635.35 F. None of the above is correct.
14) 14, You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortgage company offers you a 20-year fixed rate mortgage at 6% APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: A) S3094 B) $1934 C) SI547 D) $2708 15) 15. A bank offers a loan that will requires you to pay 8% interest compounded semiannually. Which of the following is closest...
D) 7.9% You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortgage company offers you a 20- year fixed rate mortgage at 6 % APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: 14) A) $3094 B) $1934 C) $1547 D) $2708 5 A bank offers a loan that will requires you to pay 8% interest compounded semiannually. Which of the following...
10) An investment will pay you 51 20 in one year and $200 in two years. If the interest rate is 7%, what is the present value of these cash flows? A) $294.69 B) $286.84 C) $299.07 D) $320.00 10) 11). TU) A bank is negotiating a loan. The loan can either be paid off as a lump sum of $120,000 at the end of five years, or as equal annual payments at the end of each of the next...
10) An investment will pay you S120 in one year and $200 in two years. If the interest rate is 7%, what is the present value of these cash flows? A) S294.69 B) $286.84 C) $299.07 D) $320.00 11. A bank is negotiating a loan. The loan can either be paid off as a lump sum of $120.000 at the end of five years, or as equal annual payments at the end of each of the next five years. If...
I have to do this in Excel. Please Provide the formulas step by
step and a screenshoot of output how it looks in the end.
Thank you.
Question is about the MARKET vs the CONTRACTUAL value of a loan
with refinancing, and cost of a loan and cost of refinancing in
terms of points. Has to be in monthly terms.
You want to buy a house of a million dollars, and the bank is giving you a loan with 1.5...
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