A.

B.

Previous Problem Problem List Next Problem (1 point) Dominic takes out a 30-year mortgage of 230000 dollars at a nominal rate of interest of 7.08 percent convertible monthly, with the first payment due in one month. How much does he owe on the loan immediately after the 110th payment? Answer = dollars. (1 point) If you want to be paid from a 10 year ordinary annuity with a guaranteed rate of 6.91% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $3,000.00 over the 10 year period