Question
1.Find PV of Perpetuity where PMT = $7000, Rates = 5%. 2.Find FV of $700 ordinary Annuity payment over 7 years @ 5% interest. 3.Looking
1.Find PV of Perpetuity where PMT = $7000, Rates = 5%.
2.Find FV of $700 ordinary Annuity payment over 7 years @ 5% interest.
3.Looking to buy a car for $15,000 with 2% down payment. Dealer offers you a four years loan @ 6% APR. Find the monthly payment.
4.$2000 dollars now, grow to $25,000 in ten years. What APR are you getting?
5.Loan offered @ 6% APR with Quarterly compounding. Find the APY (Effective Rate).
6.You plan on buying a house for $550,000 with 20% down payment. The loan will be 30 years at 4.125% fixed interest rate. Build an amortization schedule.
Compute the payment and the end balance on the 35th Period.
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Lets solve each of these questions step by step 1 PV of Perpetuity The formula for the present value of a perpetuity is PV PMT r where PV is the present value PMT is the payment per period and r is th...
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Business Law And The Regulation Of Business
Authors: Richard A. Mann, Barry S. Roberts
12th Edition
1305509552, 978-1305509559
