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Calculate the present value of 120 monthly payments of $1,000 at an annual rate of 12%. The payments are made at the beginning of each
| Calculate the present value of 120 monthly payments of $1,000 at an annual | |||||
| rate of 12%. The payments are made at the beginning of each month. | |||||
| In five years we need $125,000. How much do we deposit today if the annual | |||||
| interest rate is 8%, compounded annually? | |||||
| In five years we need $25,000. How much do we deposit today if the annual | |||||
| interest rate is 8%, compounded monthly? | |||||
| Create a monthly loan amortization schedule for the following loan: | |||||
| The amount to borrow is: | 15,000.00 | ||||
| Term of the loan: | 3 years | ||||
| Annual interest rate: | 6% | ||||
| Loan payments are made monthly. | |||||
| Please start the loan amortization schedule here: | |||||
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