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d ) Isabella is struggling to pay her monthly debts. She approached her bank recently and they recommended that she takes out a revolving credit

d) Isabella is struggling to pay her monthly debts. She approached her bank
recently and they recommended that she takes out a revolving credit loan of
$45,000 to consolidate all of her debts. The terms and conditions of this loan
states that the loan must be paid back monthly over 5 years at a nominal rate of
6.5% per year, compounded monthly. Determine:
The principal contained in the 25 th payment.
The balance outstanding after the 50 th payment.
The final payment (with the adjustment).
e) An amount of 5,000 is invested at a fixed rate of 8 per cent per annum. What
amount will be the value of the investment in 5 years ' time, if the interest is
compounded:
i) annually?
ii) every 6 months?
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