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Please answer both questions to best of ability Assume that Emily wants to buy a Training Farm for $500,000. She found an equity investor who

image text in transcribedPlease answer both questions to best of ability

Assume that Emily wants to buy a Training Farm for $500,000. She found an equity investor who will fund the 20% down payment and she will finance 80% of the farm cost with a 30-year loan. If the Mortgage interest rate is 5% what will her monthly mortgage payment be? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px I P O WORDS POWERED BY TINY QUESTION 4 1 points Save Answer Emily will need a Ford F250 pick-up truck for her breeding and training facility. The cost of a used truck is $20,000. She wants to finance the truck with an installment loan over 5 years with an interest rate of 5%. The bank requires a down payment of 10% of the purchase price. Calculate the amount of her monthly payment? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). U Paragraph Arial 14px A TX P O WORDS POWERED BY TINY Assume that Emily wants to buy a Training Farm for $500,000. She found an equity investor who will fund the 20% down payment and she will finance 80% of the farm cost with a 30-year loan. If the Mortgage interest rate is 5% what will her monthly mortgage payment be? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px I P O WORDS POWERED BY TINY QUESTION 4 1 points Save Answer Emily will need a Ford F250 pick-up truck for her breeding and training facility. The cost of a used truck is $20,000. She wants to finance the truck with an installment loan over 5 years with an interest rate of 5%. The bank requires a down payment of 10% of the purchase price. Calculate the amount of her monthly payment? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). U Paragraph Arial 14px A TX P O WORDS POWERED BY TINY

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