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How much of the 51 st payment will go toward principal? QUESTION 14 (continued from previous questions) After making 50 payments, you are considering refinancing

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How much of the 51 st payment will go toward principal? QUESTION 14 (continued from previous questions) After making 50 payments, you are considering refinancing because interest rates have fallen. The nev mortgage would involve borrowing an amount equal to the principal on the original mortgage, and repaying that balance over 30 years at a 425%APR What is the monthly payment og the new mortgage? QUESTION 15 If up-front refinancing fees =1.5% of the new mortgage amount, what is the net present value of refinancing your mortgage assuming you require a 9% rate of retuin on your money? QUESTION 16 You pay $993,40 for a 56-day T.bill It is worth $1,000 at maturity What is its discount fate? (Enter 1.234 for 1.234%. round to 3 decimal places) How much of the 51 st payment will go toward principal? QUESTION 14 (continued from previous questions) After making 50 payments, you are considering refinancing because interest rates have fallen. The nev mortgage would involve borrowing an amount equal to the principal on the original mortgage, and repaying that balance over 30 years at a 425%APR What is the monthly payment og the new mortgage? QUESTION 15 If up-front refinancing fees =1.5% of the new mortgage amount, what is the net present value of refinancing your mortgage assuming you require a 9% rate of retuin on your money? QUESTION 16 You pay $993,40 for a 56-day T.bill It is worth $1,000 at maturity What is its discount fate? (Enter 1.234 for 1.234%. round to 3 decimal places)

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