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numbers 18-20 please o 0 5. Other things equal, the PV of an annuity due the PV of an ordinary annuity. 0 6. The payment
numbers 18-20 please
o 0 5. Other things equal, the PV of an annuity due the PV of an ordinary annuity. 0 6. The payment on a discount loan is simply the future value of the loan. o 0 7. Mortgage payments are an example of an ordinary annuity. o Q 0 0 8. In an amortization schedule, annual interest expense increases from one year to the next 9. If you save $100 annually for 30 years and earn 4%, your future value 6. 0 0 14. A Canadian consol is a bond that matures in exactly 100 years. 0 0 0 0 o O 15. With a discount loan, interest is not paid until the loan matures, 16. An amortized loan is the payment method of the bond market. 17. US Treasury bills are an example of interest-only loans 18. The annual payment on a 25-year amortized loan of $100,000 at 9% > 59000 19. Ifr 15% and n = 5, the payment on a 55000 discount loan> 510,000 20. If 6% and=6%, the FIFA > 7. 0 ol 0 O 0 0 Focus MacBook Aile S 8 R Y F G H K K V . N MStep by Step Solution
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