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15-Determine the annual payment on a $15,000 loan that is to be amortized over a four-year interest rate. Prepare a loan amortization schedule fo period

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15-Determine the annual payment on a $15,000 loan that is to be amortized over a four-year interest rate. Prepare a loan amortization schedule fo period and carries a 10 percent 16-Answer the following questions. a. What is the annual percentage rate (APR) on a loan that charges interest of.75 percent per month? b. What is the effective annual rate (EAR) on the loan described in (a)? 17- Lee wishes to accumulate S1 million by making equal annual end-of-year deposits over the next 20 years. If he can earn 10 percent on his investments, how much must he deposit at the end of each year? 18-The following information is available to you: travelers checks-$1 million; coin and paper currency- $30 million;r agreements and Eurodollars $15 million; demand deposits-$25 million; retail money market mutual funds-$60 million; savings accounts at depository institutions $40 million; checkable deposits at depository institutions -$35 million; large- denomination time deposits $50 million; institutional money market mutual funds- $65 million; and small-denomination time deposits $45 million. Using Fed definitions, determine the dollar sizes of A. MI Money Supply M2 Money Supply B. 19- On Thursday, the followin compute its current yield Company (Ticker) Coupon Mar Wal-Mart Stores WMT g bond quotation appears in the newspaper. Interpret each item that appears in the quote and 10 66,830 4.550 May 1, 2022 99.270 4.649 4

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