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please answer all parts for a good rating!! Thomas Tyler's VISA balance is $1,163.29. He may pay it off in 12 equal end-of-month payments of
please answer all parts for a good rating!!
Thomas Tyler's VISA balance is $1,163.29. He may pay it off in 12 equal end-of-month payments of $110 each. Click here to view factor tables. What interest rate is Thomas paying? (Round answer to 1 decimal place, e.g. 8.5\%.) Interest rate % per month Newman Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Newman has recently come into an inheritance of $412,600. He estimates that the boat he wants will cost $310,900 when he retires in 5 years. Click here to view factor tables. Assuming quarterly compounding of amounts invested at 12%, how much of Newman Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, e. 1.25124 and final answer to 0 decimal places, e. . 458,581.) Investment amount Candice Alvarez is investing $338,700 in a fund that earns 8% interest compounded annually. Click here to view factor tables. What equal amounts can Candice withdraw at the end of each of the next 20 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e. .458,581. ) Yearly withdrawals Step by Step Solution
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