you obtained a mortage of 205000 at 5.25 percent per yesr for 18yrs how much of the theord mknthly payment is applied to intrest
you obtained a mortage of 205000 at 5.25 percent per yesr for 18yrs how much of the theord mknthly payment is ap...
5) Al obtained a mortgage of $195,000 at 5.25 percent for 15 years. How much of second monthly payment is applied to interest? A) $850,00 B) $849.16 C) $852.09 D) $848.08 E) $853.13 E) $8571 6) The 7 percent bonds issued by Modern Kitchens pay interest semiannually, mature in eight years, and have a $1,000 face value. Currently, the bonds sell for $987. What is the yield to maturity? A) 7.43 percent B) 6.92 percent C) 6.88 percent D) 6.97...
Intro You took out a 15-year fixed-rate mortage to borrow $200,000 at an interest rate of 6% (APR) to buy a house. Part 2 IB Attempt 1/10 for 10 pts. How much do you owe on your mortgage just after you made your 110th payment? No decimals Submit
$48000 cost, $8000 down payment and so $40000 of loan and 6
years, 5%. How much money you need to pay at the end?
And there is a example
2 We were unable to transcribe this image
You have $11,500 and will invest the money at an interest rate of .34 percent per month until the account is worth $17,800. How many years do you have to wait until you reach your target account value? Multiple Choice 11.55 years 10.01 years 10.92 years 9.38 years We were unable to transcribe this image
Solve the problem. [ Hint: Use I = Prt, t must be in
years]
How much must Harry's Hardware deposit at interest for
in order to earn interest? Round
to the nearest dollar.
We were unable to transcribe this image120 days We were unable to transcribe this image
For 2(a)-2(c) using the following information. You borrow $10,000 today with interest rate 7%, and you plan to pay the bank back with 8 equal annual payment. Let us assume the first payment happen at the end of each year Principal beg. Payment Yearyear end year Interest Principal 2(a) how much is the annual payment? We were unable to transcribe this image
how do you plug this motor into the board to power
it?
We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to transcribe this image
You plan to purchase a $330,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 5.30 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. Construct the amortization schedule for the mortgage. How much total interest is paid on this mortgage?
Numerical Methods:
Show all work, please write clearly and neatly so that I may
learn how to do this correctly, if you do not know how to do the
problem, please do not answer. Thank you very much for your help,
it is much appreciated.
1. Verify that the function
defined on
by
is a norm on
.
Thank you for your help
We were unable to transcribe this imageWe were unable to transcribe this imageWe were unable to...
You just purchased a $400,000 house and gave a 20% down payment. For the remaining portion, you obtained a 30-year mortgage at a 6% interest rate. A) What are the monthly payments on this mortgage? B) If the house appreciates at a 3 percent annually, what will be the value of the house in ten years? C) In ten years, how much equity will you have on this home?