Need intermediate calculation

answrer should be provided rounded to four decimal places.

answer should be provided rounded to four decimal places.

A debt can be repaid by payme would settle the debt five years from now if money is worth 12.88% p.a. compounded monthly? Problem 5 Chen bought a vacation property for $27 900.00 down and monthly mortgage payments of $1750 at the end of each month for seven years. Interest is 12.4% compounded monthly. a) What was the purchase price of the property? b) How much interest will Annette pay