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please help me with these four questions You want to borrow $150,000 for a new house. The bank quotes 3.6% interest rate per year. If
please help me with these four questions
You want to borrow $150,000 for a new house. The bank quotes 3.6% interest rate per year. If you take a 15-year loan, what is your monthly payment (PMT)? [Hint: convert interest rate to monthly rate] O $1,079.71 O $1,133.74 O $4,522.11 4 O $5.409.30 O None of the above 27 What is the present value of $200,000 in your investment account 10 years from now that you will have if you can earn a 5 percent rate of return? O$19.047.62 O$100,000 O$122,782.65 $325,778.93. The accounts receivable account reflects money owed to the tennis club by its customers for services or products provided on credit. Accounts receivable appears as a short-term asset on the balance sheet. So, the increase in accounts receivable is recorded as a which is on the side. O debit; left-hand O debit; right-hand O credit; left-hand O credit; right-hand A T-account is created on a ledger. on the right-hand side of the ledger. on the left-hand side of the ledger. O Debits; Credits O Savings; Deposits O Deposits; Savings O Credits; Debits reflect increases to liability or equity accounts, and they are entered show increases to asset or expense accounts, and these are entered Step by Step Solution
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