Ans $243,809.10
Derek borrows $310,354.00 to buy a house. He has a 30-year mortgage with a rate of...
Derek borrows $330,508.00 to buy a house. He has a 30-year mortgage with a rate of 5.86%. After making 123.00 payments, how much does he owe on the mortgage?
Derek borrows $294,333.00 to buy a house. He has a 30-year mortgage with a rate of 5.79%. After making 124.00 payments, how much does he owe on the mortgage?
Derek borrows $290,453.00 to buy a house. He has a 30-year mortgage with a rate of 4.85%. After making 96.00 payments, how much does he owe on the mortgage?
Derek borrows $343,471.00 to buy a house. He has a 30-year mortgage with a rate of 4.20%. After making 104.00 payments, how much does he owe on the mortgage? SHOW FINANCE CALCULATOR KEY STROKES
Derek borrows $325,259.00 to buy a house. He has a 30-year mortgage with a rate of 4.08%. After making 147.00 payments, how much does he owe on the mortgage? Derek plans to buy a $25,844.00 car. The dealership offers zero percent financing for 57.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $____ cash back. He can borrow money from his bank...
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...
Derek borrows $280,427.00 to buy a house. He has a 30-year mortgage with a rate of 5.63%. The monthly mortgage payment is $________.
Derek borrows $35,692.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.45%. After a 13.00 months Derek decides to pay off his car loan. How much must he give the bank?
Derek borrows $32,107.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.26%. After a 13.00 months Derek decides to pay off his car loan. How much must he give the bank?
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $17,406.00 exactly 9.00 years from today. Assuming that Derek believes the appropriate discount rate is 12.00%, how much is he willing to pay for this money machine? Answer Format: Currency: Round to: 2 decimal places.