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number 3 1. Whar will be moy manthly pyyment on a 30 -year, 5395,000 loan at 5% inlerest rate? 2. If save 55,000 each yeur
number 3
1. Whar will be moy manthly pyyment on a 30 -year, 5395,000 loan at 5% inlerest rate? 2. If save 55,000 each yeur beginaing bow, bow moch will I aceurnalate in 10 years as 55 . interest rale? 3. What is the aresent value of =520,000 gift that roe will neceive 5 rears from todor at ex. intetest fate? 4. I would like to hive a nidicion dollans when Iretire. How much mast I save monthly at 9 . aninual: rate to achieve my targer in 70 years? 3. What w the eftective rate it the aps is 6 , assumine minthy compounding? 6. What is the future value of 53,500 ather 5 vears at sik interest rate with dally compousding? 7. What is the future value at me end of year 3 ol the following three gayments received at the end of each year at 3 s interest rate Step by Step Solution
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