o solve for June recently purchased a new home with a morte ots She Financed 1 4 4 6 percent interest with annual installments of $15,000 for thur voor 07 Solve for Jane recently purchased a new home with a mortgage of sw, she financed it at 4.6 percent interest wth MONTHLY Installments of 3,700 for 30 month Answers Q. Webster Mining in considering the purchase of a new sorting machine worth $500,000. It the quote states annual installments for seven years at 8 percent anterest, what the instalment amount? 31 Answer $85692.13 3 15 D M N 0 A B 8 Problems 01. You have been told that you need Su today in order to have $100,000 when you retire 25 years from now. The annual interest rate 16% on average Computex Antwer! 02. You plan to move 590.000 contribution to your mowitaal retirement account, at percent per year on average Compute bow much twin be worth it you deposit it for your Answer! $121.361.12 5. Repeat C1-02, when the interest rate is being componded every SIX MONTHS for SEMIAMANGSAUSI 1 Anweil 04. Erica is purchasing a financial instrument that will pay $5.000 a year for seven years, at the end of every year, How much should she pay for this inwestment today it she wishes to earn a 11 percent rate of return? Answer Class Exercise o solve for June recently purchased a new home with a morte ots She Financed 1 4 4 6 percent interest with annual installments of $15,000 for thur voor 07 Solve for Jane recently purchased a new home with a mortgage of sw, she financed it at 4.6 percent interest wth MONTHLY Installments of 3,700 for 30 month Answers Q. Webster Mining in considering the purchase of a new sorting machine worth $500,000. It the quote states annual installments for seven years at 8 percent anterest, what the instalment amount? 31 Answer $85692.13 3 15 D M N 0 A B 8 Problems 01. You have been told that you need Su today in order to have $100,000 when you retire 25 years from now. The annual interest rate 16% on average Computex Antwer! 02. You plan to move 590.000 contribution to your mowitaal retirement account, at percent per year on average Compute bow much twin be worth it you deposit it for your Answer! $121.361.12 5. Repeat C1-02, when the interest rate is being componded every SIX MONTHS for SEMIAMANGSAUSI 1 Anweil 04. Erica is purchasing a financial instrument that will pay $5.000 a year for seven years, at the end of every year, How much should she pay for this inwestment today it she wishes to earn a 11 percent rate of return? Answer Class Exercise