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Please do 3 and 4 If you can make 350.00 a month payments for 5yearsat 5%interest how much you orrowtoday? 3500 14200 doolo 1+.05 If

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If you can make 350.00 a month payments for 5yearsat 5%interest how much you orrowtoday? 3500 14200 doolo 1+.05 If you want to give away 2500.00 a year forever how much do you need to invest if the interest rate is 4%? LS FU // If you save 1200.00 per month for 35 years at 5% how much will you have at the end of the thirtyyears? If a bond has quarterly payments of 14.00 and yield to maturity of 7.4% and a selling price 0f85766, how many years does it have to maturity? Pv:-85766 f a bond has four years to maturity and semi-annual coupons of 20.00 and a yield to maturity of sik/b percent what is the selling price. If a bond has quarterly payments of 17.00, six years to maturity a present value of 943.26, what is the yield to maturity? If a bond is issued today with coupons of 6% and there are 25 years to maturity what is the selling price? ooo dllers ntl Verizon 10:05 AM Expert Q&A Jollers 0 1 solution Anonymous 23 minutes later Answer 1 Monthly payment 350.00 Annual interest rate = 5% Monthly interest rate 0.4167% Period 5 years or 60 months Amount borrowed 350/1.004167 + 350/1.004167 2 350/1.004167 60 Amount borrowed 350 * (1 -1/1.004167) 60)/ 0.004167 Amount borrowed-350 *52.99019 Amount borrowed- 18,546.57 Answer 2 Annual payment 2,500 interest rate 4% Amount invested = Annual payment / Interest rate Amount invested-2,500 /0.04 Amount invested-62,500 Ol Was this answer helpful

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