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Amanda bought a house 19 years ago for $350,000. She has a 30-year fixed rate mortgage with a stated annual rate of 5.00% p.a. compounded

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Amanda bought a house 19 years ago for $350,000. She has a 30-year fixed rate mortgage with a stated annual rate of 5.00% p.a. compounded monthly. She currently owes $ ___ on the house. Assume she has neither missed any payments nor made any extra payments. Payments are made monthly. 190, 468.64 198, 249.35 207, 468.64 215, 205.86 222, 125.99 Elizabeth is planning to buy a car. She should be indifferent between making of $635 with the first payment due today or paying $ ___ today. Assume a discount rate of 6.00% p.a. compounded monthly. 30,000.00 32, 195.66 32, 638.70 33,009.96 33.529.80 Megan turns 30 years old today. She will make monthly deposits of $1, 200 beginning today and ending on her 65th birthday (421 total deposits). Then she will withdraw $10,000 per month beginning one month after her 65th birthday and ending on her 85th birthday (240 total withdrawals) at which time she will have $ ___ remaining in her account. Assume a 6% p.a. interest rate. 596, 861.38 800, 165.99 1, 071, 158.68 1, 223, 206.08 1, 476, 534.72 Nicole currently has $11, 200 in an account that pays 5% p.a.. She will deposit $11, 200 every other year beginning two years from today and ending in year 10. She will withdraw $15,000 in year 15. She will have ___ in her account 20 years from today. 114,005.23 116, 795.93 119, 612.39 122, 507.49 125.036.98 Zachary is considering buying a bond issued by CSD that pays coupon interest semi-annually, has 17 years remaining to maturity, and has a coupon rate of 6.00%. If the bond sells for $990.00, the yield-to-maturity is ___%. Assume a $1,000 par value. 6.10 6.16 6.23 6.29 6.35

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