Question

CSePub Home Book Store Instructors Independent Authors About S29% APR with mortty corpouroing The mortgage has a term of 30 years What is the monthly payment on the loan? Anwwer Format: Currency Round to: 2 decimal places Enter Answer Hore Contact Us Priy Polcy Tem 21 6
0 0
Add a comment Improve this question Transcribed image text
Answer #1

SEE SCREENSHOT. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

RATE WAS BLUR NOT CLEAR, I THINK IT IS 5.28%. IF SOME OTHER FIGURE, LET ME KNOW, WILL CHANGE ACCORDINGLY. THANK YOU

File Home nert Page Layout Formulas Data Review View dd-Ins Cut Σ AutoSum Calibri ー E ゴWrap Text General aCopy в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Paste Conditional Format CeInsert Delete Format Formatting as Table Styles2 Clear Sort &Find & Format Painter Clipboard Font Alignment Number Styles Cells Edting NA166 MW MX MY MZ NA NB NC ND NE NF NG NH NI 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 5.28% 12 30 excelAPR PERIODS IN A YEAR YEARS LOAN 337360 421700*8096 PMT $ 1,869.19 excel PMT(NA154/NA155,NA156 NA155,-NA157) formula PVAA/(r/m)*(1-(1/(1+r/m)Amn) 337360- A/(0.0528/12) (1-(1/(1+0.0528/12) (12*30)) 337360A*(180.48479) PMT-A- $1,869.19 11 1 トーCALCULATOR ( LOAN OPTIONS | pv, fv, annuity 1 CAP STRU VALUE BOX | DILUTION DOLLAR COST AVG MORTGAGE.. EXPO ( Sheet1 . Sheet2. Shell- rences: x261 福 130% 09:43 27-01-2019

Add a comment
Know the answer?
Add Answer to:
CSePub Home Book Store Instructors Independent Authors About S29% APR with mortty corpouroing The mortgage has...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship...

    CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay her $2,264.00 at the end of each month. She will also get a "signing" bonus at the beginning of the intenship for $675.00. If the student can invest this money in an acount that pays 8 40% APR with monthly compounding, what is the value of her account at the end...

  • CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship...

    CSePub Home Book Store Instructors Independent Authors About A student is trying to value an internship opportunity for the upcoming summer. The internship will last three months and pay end of each month. She will also get a "signing bonus at the beginning of the internship for $400.00. If the student can invest this money in an accourt tat pays 8 40% APR wit, monthly compounding what she value ofher account at the end ofher internstig? her $2,342.00 at the...

  • CSePub Home Book Store Instructors Independent Authors About A new start-up company promises to pay an...

    CSePub Home Book Store Instructors Independent Authors About A new start-up company promises to pay an investor each quarter for the next two years. The company will pay $20,125.00 per quarter for the first turquaters, andthen S25,100 00 per quarter for the flowing four quarters Ifthe investor wants a & 92% APR return w h quarterly compouniding, what is the value of the investment opportunity today? Answer Format: Currency: Round to: 2 decimal places Enter Answer Here Submit Answer Prew...

  • CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set...

    CSePub Home Book Store Instructors Independent Authors About A very careful new father wants to set money aside for his batby daughter's wedding. If the wedding will take place in 21.00 years, he expects the wedding will cost $104,100.00. If the father can eam 11.00% APR with quarterly compounding on his investments, how much does he need to invest today to reach his goal? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer -Prev Problem t...

  • CSePub Home Book Store Instructors Independent Authors Ab You have saved S23695 00for athree-year vacation to...

    CSePub Home Book Store Instructors Independent Authors Ab You have saved S23695 00for athree-year vacation to Germany. You will keep your money invested in an account paying 804% APR with monthly compounding while you live in Munich You will make your withdrawals at the beginning of the month What is the balance on the account after the first month? (This is the balance prior to the withdrawal for the second month) Answer Format: Currency: Round to: 2 decimal places Enter...

  • Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate...

    Dashboard Logout Help i Support CSePub Home Book Store Instructors Independent Authors About A young graduate looks to save money to buy a house 7.00 years from today. He is somewhat conservative and will invest his money in a bond fund that pays 4 00% APR with quarterly compounding The graduate invests $11,480.00 today. How much will his account be worth in 7.00 years? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here. Submit Answer ←Prev Problem tA표...

  • CSePub Home Book Store Instructors Independent Authors About that pnt he ㆋ receve1000years of SÍ 1500...

    CSePub Home Book Store Instructors Independent Authors About that pnt he ㆋ receve1000years of SÍ 1500 00 per year if his dicuut late onths mestnents 1700%what is the varofhisogportuty today? Answer Format: Currency Round to: 2 decimal places Enter Answer Here 8 6 8 0

  • CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation...

    CSePub Home Book Store Instructors Independent Authors Abo You have saved $23,695.00 for a three-year vacation to Germany. You will monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month keep your money invested in an account paying 804% APR with What is the balance on the account after the first month? (This is the balance prior to the withdrawal for the second month) Answer Format: Currency: Round to: 2 decimal places....

  • CSePub Home Book Store Instructors Independent Authors About You are corradeing two home searty compares tr...

    CSePub Home Book Store Instructors Independent Authors About You are corradeing two home searty compares tr your new house. Thefrst companyaters toe ntlatin ndeopent td ㆋ darge you snso per yea treve" The second conyar hages saas oofor mtaldon, bídchage you sast 00 per yer 1 rever. Assume hat payments are at the END ofte year Your personal rlered tte s 400% per year, and you want to evauate each propon Answer Format: Currency Round to: 2 decimal places Enter...

  • CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for...

    CSePub Home Book Store Instructors Independent Authors About You are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $480.00 per year for the next five years. The second company charges S781.00 for installation, but will charge you $271.00 per year for the next five years. Assume that payments are atthe END ofthe year Your personal nterest rate is 500% What is the PV of the free installation...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT