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Determine the future value of the annuity due ( PAYMENT -BEGINNG OF THE PERIOD) Periodic Payment Nominal Compounding Payment ($) Interval Term Rate (%) Frequency

Determine the future value of the annuity due ( PAYMENT -BEGINNG OF THE PERIOD) Periodic Payment Nominal Compounding Payment ($) Interval Term Rate (%) Frequency 500 3 months 12 years 6.5 Annually

options: 24,028 36,142 none of them 35,577

A mortgage loan can be paid every end of the month, - Mortgage loan-1,000,000 -compounded semi annually -4% mortgage rate - Term is 20 years What is the payment every month?

options: 6,022.55 none of them 5,242.87 6042.46

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