P1: 120 points As the questions below. Each question is self-contained and independent from the The stated anal interest rate is 2 percent, couponed weekly for 52ksin a year) what is the equivalent effective annual interest rate the 5 places past the decemal point associated with this stated t 14(08/521) 62 -12.0212) The effective monthly rate is 0025 , a quarter of a percent per month if you hav 30 year mortgage for $500,000 with monthly payment, what are your monthly ptyments (1.0025) 36-1077793312 500,000 -67783771-30 Qey What is the present value 6e, the value at t-wheet counts year of the following stream of payments of the effective annual interest rate is 3,3% per The festatis$100 made exactly in one year lat ater that first payme each ocuving a year later (e. p 111. Each of these subsequent pensare THIN IN 10- payments ya the previous payment $100 1 0.5-0.03 14.06 -2 -0.09 Hude 1999.97 2793 9036 "PU=1, 177.93 d Youtube $20,000 to buy a car, Bank A is charging you a stated tate of 4% unted every month you must make monthly payments i Syears. Bank Bis ging you 3.9% compounded continuously you also must make my payments for Which deal do you like better Bank A's or Bank B @ 4.07 3.98 Bana A (1+ ( 04/12) ^12-1= B (1 + (-039/12)^12-1= 152 B You need to borrow $20,000 to buy a car. Bank X is charging you a stated rate of 6% compounded every month; you must make monthly payments for 5 years Bank Z charging you 5,5% compounded continuously you also must make monthly payments for 5 years. Which deal do you the better Benkor Bank X 17 (06/12) ^12-1 = 6.171. 2 171.00112)^12-1 = 06.08 Bana 2 - Bewe (4) Ar the teaches se contained and infote others The 2nd wey for What the effective alertate e y pat the decimal p with 1+(08/521)^62-12-0202) The effective is 0025er of pet per month if you hav 30-year for $500,000 with my pants, what (H-0025) -1077783372 500,000 07783711-30 What the present vele, the value at wheret counts yeand of the following stream of payments of the effective anal interest rate is 03.16 per the test payment is $100 is made exactly in a pr after that first payment, each occuring a year later e, 11) Each of these subsequent payments are 5% lanpy paviments in C the previon payment $100 14.03 0.5-0.03 14.06 -2 - 0:09 1999.97 PU:1, 177.93 make monthly pay compounded every month, you derging you Syers which al do you the better Bank's or Bant EO A hagyted of s for 3 years. Senti must make monthly payment for pounded conte 4.07 Bank A (1+(04/12) 12-1= B (1 + (039/12)^12-1= 88852 3.98 BER e. You need to borrow $20,000 to buy a car, Bank Xis changing you a stated rate of compounded every mont, you must make monthly payments for 5 years. Bank 2 charging you 5.9% compounded continuously, you also must make monthly payments for 5 years. Which deal do you like better: Barak = 6.171. X 1+(06/12) ^12-1 2 14/06/12) ^12-1 = 06.08. Bana 2- P1: 120 points As the questions below. Each question is self-contained and independent from the The stated anal interest rate is 2 percent, couponed weekly for 52ksin a year) what is the equivalent effective annual interest rate the 5 places past the decemal point associated with this stated t 14(08/521) 62 -12.0212) The effective monthly rate is 0025 , a quarter of a percent per month if you hav 30 year mortgage for $500,000 with monthly payment, what are your monthly ptyments (1.0025) 36-1077793312 500,000 -67783771-30 Qey What is the present value 6e, the value at t-wheet counts year of the following stream of payments of the effective annual interest rate is 3,3% per The festatis$100 made exactly in one year lat ater that first payme each ocuving a year later (e. p 111. Each of these subsequent pensare THIN IN 10- payments ya the previous payment $100 1 0.5-0.03 14.06 -2 -0.09 Hude 1999.97 2793 9036 "PU=1, 177.93 d Youtube $20,000 to buy a car, Bank A is charging you a stated tate of 4% unted every month you must make monthly payments i Syears. Bank Bis ging you 3.9% compounded continuously you also must make my payments for Which deal do you like better Bank A's or Bank B @ 4.07 3.98 Bana A (1+ ( 04/12) ^12-1= B (1 + (-039/12)^12-1= 152 B You need to borrow $20,000 to buy a car. Bank X is charging you a stated rate of 6% compounded every month; you must make monthly payments for 5 years Bank Z charging you 5,5% compounded continuously you also must make monthly payments for 5 years. Which deal do you the better Benkor Bank X 17 (06/12) ^12-1 = 6.171. 2 171.00112)^12-1 = 06.08 Bana 2 - Bewe (4) Ar the teaches se contained and infote others The 2nd wey for What the effective alertate e y pat the decimal p with 1+(08/521)^62-12-0202) The effective is 0025er of pet per month if you hav 30-year for $500,000 with my pants, what (H-0025) -1077783372 500,000 07783711-30 What the present vele, the value at wheret counts yeand of the following stream of payments of the effective anal interest rate is 03.16 per the test payment is $100 is made exactly in a pr after that first payment, each occuring a year later e, 11) Each of these subsequent payments are 5% lanpy paviments in C the previon payment $100 14.03 0.5-0.03 14.06 -2 - 0:09 1999.97 PU:1, 177.93 make monthly pay compounded every month, you derging you Syers which al do you the better Bank's or Bant EO A hagyted of s for 3 years. Senti must make monthly payment for pounded conte 4.07 Bank A (1+(04/12) 12-1= B (1 + (039/12)^12-1= 88852 3.98 BER e. You need to borrow $20,000 to buy a car, Bank Xis changing you a stated rate of compounded every mont, you must make monthly payments for 5 years. Bank 2 charging you 5.9% compounded continuously, you also must make monthly payments for 5 years. Which deal do you like better: Barak = 6.171. X 1+(06/12) ^12-1 2 14/06/12) ^12-1 = 06.08. Bana 2