1) None of the above. "Mama." Mw". whxx,a.u.x.nun.w.xx ...x. .. , xv. .. . x Question 11 You borrowed $13,.OOO from your bank to build a small cabin on your property. The bank will charge 8% per year compounded quartefly. You fl decrde to payoff thls loan ln 3 years by maklng quarterly payments. How much are your quarterly payments? ) a) $1,269.27 b) x $1,249.27 0) $1,239.27 d) $1,'219.27 https://assessment.casa.uh.edu/Assessm ent/Pri ntTest.htm-------"" 2/21/2017 Prlnl lust 'R'm' C) $l.22').27 'm' R Wwiw" O Nonc ol'lhc above. " f ' BRUARY' Question 12 "'5 w T 7 "fi 1 2 3 Y b g'xk , 8 9 '0 Our rother would lilo ' H m 17 o L to have $28 000 in 3 v ' * 22 2 24 SA) er ' , years for the urchace ( . w'" 3 p yeqr compounded monthly to attain his goal? p s ol' '1 new car. What monthly Payment should he make into an account paying w' - a) $732.52 msol'lhe l b) $722.52 / c) $702.52 / x/ d) $692.52 " 1 6) $682.52 l mi 1) None of the above. Question 13 new copy machine for their main office. The copy machine costs $4,50(). After speaking with the financial gh their credit union. How much is their monthly 5% of the cost of the machine in cash and finance the rest throu 4% per year compounded monthly for 3 years? ' A school realizes that they need a advisor, they decide to pay 1 payment if the credit union will charge> W as)" t) ' fl. None of the above. xx > - v m. 1'5,./7.1./.n by, A, H "IN M .A "My ya ,. m. . ., SQX-"xx'*"$z*">"hhu:w>*"'u*1.'aus.:r.vhn.bt:..u>v',-4(< 4 s ' A ' . 1 , A . us sailboat. The sa'dboat he is interested The Flores Family loves to go sailing on the weekends. Mr. Flores has decided to purchase a more Spac'o d monthly. How much Should MY. in buying in 4 years Will cost him $25,000. An account at Invest Well Bank earns 6% per year conspolindsarsq Flores deposit in this account at the beginning of each month to be able to pay cash for the saflboa In Y a) $398.95 b) $462.13 c) $485.34 d) $528.58 e) -', 1 3