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Aleena s agreement with the bank was to pay $2400 per month for a 20-year mortgage, having a fixed APR of 4.88%. What was the

Aleena ’s agreement with the bank was to pay $2400 per month for a 20-year mortgage, having a fixed APR of 4.88%.  What was the original amount of the loan that the bank awarded her?  

How long would it take Jeremiah’s retirement account to grow to 2,745,110 if he made quarterly deposits of $1902 in an account with a fixed rate of 7.33%?


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