Question
PLEASE HELP! URGENT When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further
PLEASE HELP! URGENT
When inputting an answer, round your answer to the nearest 2 decimal places.If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places. 2 points Each Question (10 Points Total)
Q3) You currently owe $3,090 to your credit card that charges an annual interest rate of 16.00%. You make $190 of new charges every month and make a payment of $278 every month. What will your credit card balance be in three months?
Q4) You would like to retire in 11 years. The expected rate of inflation is 04.00% per year. You currently have a standard of living that requires $7,757 of monthly expenses. Assuming you want to maintain the same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement?
Q5) You purchases a house for $378,726. You made a down payment of $20,000 and the remainder of the purchase price was financed with a mortgage loan. The mortgage loan is a 30 year mortgage with an annual interest rate of 06.00%. Mortgage payments are made monthly. What is the monthly amount of your mortgage payment?
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