Question
I have $4,200 in an account that pays a nominal rate (i.e. APR) of 12%. I would like to make monthly payments so that in
I have $4,200 in an account that pays a nominal rate (i.e. APR) of 12%. I would like to make monthly payments so that in 18 years i will have $149,500. How much should each of these payments be?
Your Answer:
You financed your $290,000 home with a $200,000 mortgage. If the mortgage has a fixed 6% APR with interest compounded monthly (i.e. with a 0.5% periodic rate), and if the mortgage is for 30 years, what is the total interest paid over the course of the loan?
Your Answer:
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How To Trade With High Probability
Authors: Ricardo Moneta
1st Edition
1542590159, 978-1542590150
