1. Suppose that you obtain a mortgage loan of 500.000 $. Annual rate of interest is 8% and the maturity of the loan is 12 years. If you pay quarterly installments, what would be the periodic payment amount?

a) 14.300,92 $

b) 15.300,92 $

c) 16.300,92 $

d) 17.300,92 $

e) Other:

2. What would be the monthly installment amount of a 5- year 200.000 $ loan with a 20% of annual interest rate?

a) 5.178,98 $

b) 5.198,78 $

c) 5.278,98 $

d) 5.298,78 $

e) Other: