1.Find the payment necessary to amortize a 4% loan of $2400 compounded quarterly, with 16

quarterly payments.

The payment size is?

(Round to the nearest cent)

i have worked all of these out but i am on my last attempt so i want to be sure

2. Find the payment necessary to amortize a 4% loan of $600 compounded quarterly, with 11

quarterly payments.

The payment size is?

(Round to the nearest cent)

3. Find the monthly house payments necessary to amortize a 10.8% loan of $164,500 over 30

years.

The payment size is?

(Round to the nearest cent)

4. Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance.

4-year computer loan for $2885 at 6.1%; remaining balance after 2 years.

The monthly payment is $

(Round to the nearest cent)

5. Find the monthly payment and estimate the remaining balance. Assume interest is on the unpaid balance.

Twenty-year mortgage for $250,000 at 3.66%; remaining balance after 12 years.

The monthly payment is $

(Round to the nearest cent)

6. A woman, with her employer's matching program, contributes $300 at the end of each month to her retirement account, which earns 5% interest, compounded monthly. When she retires after 46 years, she plans to make monthly withdrawals for 27 years. If her account earns 4% interest, compounded monthly, then when she retires, what is her maximum possible monthly withdrawal (without running out of money)?

The maximum possible monthly withdrawal is approximately $.

(Simplify your answer. Round to the nearest cent as needed.)