Question
How many monthly payments of $252 will it take to a pay off a loan of $4620 when interest is 3.23% compounded monthy? Round UP
How many monthly payments of $252 will it take to a pay off a loan of $4620 when interest is 3.23% compounded monthy? Round UP to the next nearest number of payments.
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Lisa set up a savings plan with BMO whereby he deposits $492 at the end of each quarter for 1 year(s). Interest throughout the 1-year time period is 4.47% compounded quarterly. The amount in his account at that ties become a term deposit withdrawable after a further 9 years, where interest changes to 1.89% compounded semi-annually. Calculate the total interest earned on the investment. Round your answer to the rarest do solution to this problem required in the rough work.
please do both requirements
3. Question 3 of 300 . Question 8 this problem required in the rough workStep by Step Solution
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