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7. What is the PMT on a loan for $4500 paid annually at 3.85% APR for 5 years? 8. What is the PMT on a

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7. What is the PMT on a loan for $4500 paid annually at 3.85% APR for 5 years? 8. What is the PMT on a loan for $250,000 paid monthly at 5.75% APR for 25 years? 9. What is the PMT on a loan for $25,000 paid annually at the beginning of the period at .85% MPR for 10 years? 10. You start saving now for a car by saving money each month. You want to have $40,000 saved up in 10 years. If your interest rate is at 5.75% APthow much do you need to save monthly in order to reach your goal

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