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Let's say that we have a 20 year mortgage with an original loan balance of exist150,000 at 7% interest per year. How much interest do

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Let's say that we have a 20 year mortgage with an original loan balance of exist150,000 at 7% interest per year. How much interest do you pay in the 4th year of the loan? loan is compounded monthly) A. exist10365.77 B. exist4, 399.60 C. exist9355.78 D. None of the above Which of the following investments has the lowest effective annual return (EAR)? (Assume that all CDs are of equal risk.) A) a bank CD that pays 7.00 percent interest compounded daily B) a bank CD that pays 7.10 percent compounded monthly C) a bank CD that pays 7.30 percent annually D) a bank CD that pays 7.25 percent compounded semiannually Consider a project with the following information: Initial outlay = exist950,000 Compute the NPV if the company's discount rate is 10%. A. exist129, 200 B. exist268, 244 C. exist201, 650 D. exist213, 050 Anna lent exist20,000 to an attorney firm and was promised that she will be paid 6% annual return compounded continuously. If the business paid Anna the interest amount well as the principal at the end of 5 years, how much in total did she get? If she had a choice of lending to a friend who would pay her 6% compounded weekly did she make a right choice by lending to the attorney firm rather than to her friend? Round it to the nearest 100. A) exist26,000, No B) exist27,000, Yes C) exist27,000, No D) None of the above

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