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Mason borrows 541.217.00 to buy a car. He will make monthly payments for 6 year. The car loan has an intereat rate of 5.40% pa.

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Mason borrows 541.217.00 to buy a car. He will make monthly payments for 6 year. The car loan has an intereat rate of 5.40% pa. After 18 months Macon decides to par off his carloan. How much does he owe on the loan? 1) None of the given answers for this question are within 51.00 of the cerrect answer. 2) 534,144,26 3) 533.173.05 4) 531,070.14 5) $33.692.90 6) $32,126.31 What is the value tedsy of an investment that will pay $3.947.00 every six months for 27 year? Assume the first payment is made 5 years from today. The annualized interest rate is 9.009 p.a. 1) $47.247.40 21560.328,97 3) $49,029.88 4) $58,261,65 5) None of the given answers for this question are within $1.00 of the correct answer. 6) $53,541.85

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