hi please explain step by step how to solvw this and the name of the formula used thank you
hi please explain step by step how to solvw this and the name of the formula...
please no stupid indian excel answers, please explain
step by step how to answer this with explanations thank you and
again i remind no stupid indian who thinks they are the smartedt in
the world with financial calculqtors thank you
You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortga t 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment wilkbe...
hi how do i solve this please explain
You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to: A. 18,910.72 B. 3,149.04 C. 38,341.27 D. 3,070.42 E, 2,635.35 F. None of the above is correct.
hi please can someone say how to solve this
Question 14 You are considering buying a new home. You will need to borrow 350,000 to purchase the home. A mortgage company offers you a 20-year fixed rate at 9% (as an APR with monthly compounding). If you borrow the money from this mortgage company, your monthly payment will be closest to:
You are considering purchasing a new home. You will need to borrow $250,000 to purchase the home. A mortgage company offers you a 15 year fixed rate mortgage (180 months) at 3% APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: $1,660 $1,726.45 $7,536.85 $2,535
14) 14, You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortgage company offers you a 20-year fixed rate mortgage at 6% APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: A) S3094 B) $1934 C) SI547 D) $2708 15) 15. A bank offers a loan that will requires you to pay 8% interest compounded semiannually. Which of the following is closest...
D) 7.9% You are considering purchasing a new home. You will need to borrow $270,000 to purchase the home. A mortgage company offers you a 20- year fixed rate mortgage at 6 % APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to: 14) A) $3094 B) $1934 C) $1547 D) $2708 5 A bank offers a loan that will requires you to pay 8% interest compounded semiannually. Which of the following...
Please help by providing explanation/step by step processes for solutions. Thank you! A stock broker offers you an investment that is expected to quadruple your money in 6 years. The exact annualized rate of return you are being offered on the investment is closest to: ______ You are buying a new home that costs $305,747 using a 30-year fixed rate loan at an interest rate of 5.9% with monthly payments. The monthly loan payment is closest to: _______ You invest...
10) An investment will pay you 51 20 in one year and $200 in two years. If the interest rate is 7%, what is the present value of these cash flows? A) $294.69 B) $286.84 C) $299.07 D) $320.00 10) 11). TU) A bank is negotiating a loan. The loan can either be paid off as a lump sum of $120,000 at the end of five years, or as equal annual payments at the end of each of the next...
10) An investment will pay you S120 in one year and $200 in two years. If the interest rate is 7%, what is the present value of these cash flows? A) S294.69 B) $286.84 C) $299.07 D) $320.00 11. A bank is negotiating a loan. The loan can either be paid off as a lump sum of $120.000 at the end of five years, or as equal annual payments at the end of each of the next five years. If...
please show work, step by step. unsure of what formula to use.
15) You purchase a new car for $40,000, put $8,000 down, and finance the balance for 5 years at 8% APR, compounded monthly. What is your monthly mortgage payment? A) $648.80 B) $934.64 C) $1,179.74 D) $8,000