Question
1.

If you lend $1,000 to a friend for 5 years at an interest rate of 2%, how much will she owe you in 5 years? Round to the near
2.
If you borrow $10,000 for 10 years at an interest rate of 5%, what are the annual payments youd have to make to pay it off?
3.
You are about to buy a Tesla Model 3 for $38,990. If you pay 5% down and finance the rest at a 5.0% rate for 3 years, what wi
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Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE? v L 1 01:37 ENG 31-01-2020 11 AA25 W X Y AA AB AC AD - -1000 N = PV = PMT 1/4 = FV = CPT 1104.08 2 N 10 1/Y PV = - 10000.00

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