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steps using the HP10bll+ calculator please
Question 3 1 pts What is the remaining balance on...
Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.00%. What...
Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.00%. What portion of the payments during the first 27 months goes toward interest? 68.97% O 79.93% O 78.25% 76.35% 82.36% What is the remaining balance on a $225,000 mortgage after 95 months? The mortgage is a standard mortgage (360 months) with monthly payments and a nominal rate of 6.90%. O $192,816 O $198,720 O $206,714 O $201.315 $219,138 Consider a standard mortgage (360 months) with...
1 pts Question 2 Consider a standard mortgage (360 months) with monthly payments and a nominal...
1 pts Question 2 Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 6.70%. What portion of the payments during the first 29 months goes toward principal? O 15.41% 14.00% O 15.46% 15.88% O 14.58% 1 pts Question 3
DQuestion 4 1 pts What will be the mortgage balance remaining on a loan of $...
DQuestion 4 1 pts What will be the mortgage balance remaining on a loan of $ 227993 with a 33-year term monthly compounding) and k 0.055 after 24 end-of-month payments have been made? Round your final answer to 2 decimal places. DQuestion 5 1 pts Obtain the total interest paid during the last ten years of a $ 528397 mortgage when n- 20 and k-0.076, assuming monthly compounding (end of month payments) Round your final answer to 2 decimal places.
Can I please get the steps using a BA11 Plus calculator for problems 21 and 22?...
Can
I please get the steps using a BA11 Plus calculator for problems 21
and 22?
c. $7,324.89 d. $7,011.87 e. $7,854.13 21. You are buying your first house for $220,000, and are paying $30,000 as a down payment. You have arranged to finance the remaining $190,000 30-year mortgage with a 7% nominal interest rate and monthly payments. What are the equal monthly payments you must make? a. $1,513 b. $1,110 c. $1,264 구), 12-0593-江 140,000 p,V e. $1,349 22....
can you please help me to solve this using a financial calculator BA II plus? Question 6 0/1 pts Courses Groups What...
can you please help me to solve this using a financial
calculator BA II plus?
Question 6 0/1 pts Courses Groups What is the effective yield on a 35-year fixed rate mortgage if 12 points are charged and the nominal interest rate is 5.75% assuming monthly compounding? Use financial calculator, enter your answer indecimals and round your final answer to decimal places (e.enter 5.65% as 0565) You Answered Correct Answers Quiz Score: 1 out of 6
financial calculator steps please Question 1 0.5 pts Travis will receive two payments: $9,350 at the...
financial calculator steps please
Question 1 0.5 pts Travis will receive two payments: $9,350 at the end of year 2021 and $9,568 at the end of year 2022. The discount rate for Travis Is 10.5% for year 2021 and 6.7% for year 2022. What is the present value of the payments at the beginning of year 2022? $11,416.58 $18,866.72 $18,317.20 $18,008.82 $17.401.34 Question 2 0.5 pts
Please include how to input into finance calculator. 1) Derek borrows $267,226.00 to buy a house....
Please include how to input into finance calculator. 1) Derek borrows $267,226.00 to buy a house. He has a 30-year mortgage with a rate of 4.72%. (A) What is the monthly mortgage payment? (B) how much does he owe on the mortgage after making 89.00 payments? 2) If he borrows $35,341.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.52%. After a 15.00 months Derek decides to pay...
Can I please get a how to for questions 29 and 30, using a BA11 Plus...
Can I please get a how to for questions 29 and 30, using a
BA11 Plus calculator.
c. An investrnent that has a l 0.2% nom d. A e. An investinent that las a 96% nominal rule and monthly compounding inal rate and annnal compounding n investment that has a 10%% nominal rate and semiannual compounding. You are buying a factory for $250,000 by paying 20% as a down payment, while the rest of the balance will be paid off...
Michael has a 25 year mortgage for $350000 with monthly payments of $3118.98. a) What is...
Michael has a 25 year mortgage for $350000 with monthly payments of $3118.98. a) What is the nominal annual rate compounded monthly? After 3 years the interest rate has gone down to 6.75% (compounded monthly). b) What is the outstanding balance on the mortgage? c) If Michael refinances his existing mortgage at the new rate but with the same number of remaining monthly payments, what will his new payments be? d) If instead he takes out a new 25 mortgage...
5 pts Question 18 An investment promises the following cash flow stream: $1,000 at Time 0; $2,000 at the end of...
5 pts Question 18 An investment promises the following cash flow stream: $1,000 at Time 0; $2,000 at the end of Year 1 (or att = 1); $3,000 at the end of Year 2:; and $5,000 at the end of Year 3. At a discount rate of 6.5 %, what is the present value of the cash flow stream? Your answer should be between 8343.00 and 11,000.00, rounded to 2 decimal places, with no special characters Question 19 5 pts...
Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.00%. What portion of the payments during the first 27 months goes toward interest? 68.97% O 79.93% O 78.25% 76.35% 82.36% What is the remaining balance on a $225,000 mortgage after 95 months? The mortgage is a standard mortgage (360 months) with monthly payments and a nominal rate of 6.90%. O $192,816 O $198,720 O $206,714 O $201.315 $219,138 Consider a standard mortgage (360 months) with...
1 pts Question 2 Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 6.70%. What portion of the payments during the first 29 months goes toward principal? O 15.41% 14.00% O 15.46% 15.88% O 14.58% 1 pts Question 3
DQuestion 4 1 pts What will be the mortgage balance remaining on a loan of $ 227993 with a 33-year term monthly compounding) and k 0.055 after 24 end-of-month payments have been made? Round your final answer to 2 decimal places. DQuestion 5 1 pts Obtain the total interest paid during the last ten years of a $ 528397 mortgage when n- 20 and k-0.076, assuming monthly compounding (end of month payments) Round your final answer to 2 decimal places.
Can
I please get the steps using a BA11 Plus calculator for problems 21
and 22?
c. $7,324.89 d. $7,011.87 e. $7,854.13 21. You are buying your first house for $220,000, and are paying $30,000 as a down payment. You have arranged to finance the remaining $190,000 30-year mortgage with a 7% nominal interest rate and monthly payments. What are the equal monthly payments you must make? a. $1,513 b. $1,110 c. $1,264 구), 12-0593-江 140,000 p,V e. $1,349 22....
can you please help me to solve this using a financial
calculator BA II plus?
Question 6 0/1 pts Courses Groups What is the effective yield on a 35-year fixed rate mortgage if 12 points are charged and the nominal interest rate is 5.75% assuming monthly compounding? Use financial calculator, enter your answer indecimals and round your final answer to decimal places (e.enter 5.65% as 0565) You Answered Correct Answers Quiz Score: 1 out of 6
financial calculator steps please
Question 1 0.5 pts Travis will receive two payments: $9,350 at the end of year 2021 and $9,568 at the end of year 2022. The discount rate for Travis Is 10.5% for year 2021 and 6.7% for year 2022. What is the present value of the payments at the beginning of year 2022? $11,416.58 $18,866.72 $18,317.20 $18,008.82 $17.401.34 Question 2 0.5 pts
Can I please get a how to for questions 29 and 30, using a
BA11 Plus calculator.
c. An investrnent that has a l 0.2% nom d. A e. An investinent that las a 96% nominal rule and monthly compounding inal rate and annnal compounding n investment that has a 10%% nominal rate and semiannual compounding. You are buying a factory for $250,000 by paying 20% as a down payment, while the rest of the balance will be paid off...
Michael has a 25 year mortgage for $350000 with monthly payments of $3118.98. a) What is the nominal annual rate compounded monthly? After 3 years the interest rate has gone down to 6.75% (compounded monthly). b) What is the outstanding balance on the mortgage? c) If Michael refinances his existing mortgage at the new rate but with the same number of remaining monthly payments, what will his new payments be? d) If instead he takes out a new 25 mortgage...
5 pts Question 18 An investment promises the following cash flow stream: $1,000 at Time 0; $2,000 at the end of Year 1 (or att = 1); $3,000 at the end of Year 2:; and $5,000 at the end of Year 3. At a discount rate of 6.5 %, what is the present value of the cash flow stream? Your answer should be between 8343.00 and 11,000.00, rounded to 2 decimal places, with no special characters Question 19 5 pts...
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