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2. 0/1 points Previous Answers TanFin12 5.3.016.CMI My Notes Ask Your Teache Suppose payments were made at the end of each month into an ordinary

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2. 0/1 points Previous Answers TanFin12 5.3.016.CMI My Notes Ask Your Teache Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 2.5/year compounded monthly. If the future value of the annuity after 11 years is $50,000, what was the size of each payment? (Round your answer to the nearest cent.) s 5255 29 vwing Saved Work Revet to Last Reapons 3. 0/1 points Previous Answers TanFin12 5.3.018.CMI G My Notes Ask Your Teacher Suppose payments will be made for 0 years at the end of each month from an ordinary annuity earning interest at the rate of 5,75/vear compounded monthly. If the present yalue of the annuity is $48,000, what should be the size of each payment from the annuity? (Round your answer to the nearest cent.) s 622 46 TanFin12 5.3.022. & My Notes Ask Your Teacher 4. /1 points The Flemings secured a bank loan of s376.000 to help finance the punchase of a house. The bank charges interest at a rate of 5/year on the unpaid balance, and interest computations are made at the end of each month, The Flemings have agreed to repay the loan in eoual monthly installments over 25 years. What should be the size of each repayment if the loan is to be amortleed at the end of the term2 (Round ytur answer to the nearest cent) S al My Notes Ask Your Teache Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 2.5 % / year compounded monthly. If the future value of the annuity after 11 years is $50,000, what was the size of each payment? (Round your answer to the nearest cent.) $5255 29 Viewng Saved Work Revert to Last Respone 3. 0/1 points Previous Answers TanFin12 5.3.018.CMI G My Notes Ask Your Teacher Suppose payments will be made for 8-4 years at the end of each month from an ordinary annuity earning interest at the rate of 5.75%/year compounded monthly. If the present value of the annuity is $48,000, what should be the size of each payment from the annuty? (Round your answer to the nearest cent.) $ 622 46 4. -/1 points TanFin12 5.3.022. GMy Notes Ask Your Teacher The Flemings secured a bank loan of s376,00o to help finance the purchase of a house. The bank charges interest at a rate of 5year on the unpaid balance, and interest computations are made at the end of each month. The Flemings have agreed to repay the loan in equal monthly installments over 25 years what should be the size of each repayment if the lean is to be amortized at the end of the term (Round your answer to the nearest cent)

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