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Please make sure the answers are clear n easy to read. Please do it on white paper. Again, make sure the answers are clear. Please

Please make sure the answers are clear n easy to read. Please do it on white paper. Again, make sure the answers are clear. Please show all work. again please do it on white paper.

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2.) Jett buys a pool costing $28,750. Pools for Peeps charges 3% add-on interest. If he pays $8,750 down and agreed to monthly payments over 3 years, then calculate each of the following (a) The amount financed (b) The finance charge (c) The total installment price (d) The monthly payment (e) Find Jett's total cost, for the pool plus interest. Find the corresponding APR value (to the nearest half-percent). (APR table 2 pages from now!)3.) The Chase Sapphire card charges 1.7% monthly on remaining balances (source: https://creditcards.chase.com/rewards-credit-cards/sapphire/preferred) They use the average daily balance method to determine interest. Given Mark's credit card activity, determine the following: Previous Balance $800 November 6 Billing Date November 10 Scuba equipment $2,790 November 15 Scuba lessons $650 November 28 Payment $1,050 Number of Days (Running Date Running Balance Until Balance Balance) x Changed (Number of Days) Totals: (a) The average daily balance for the next billing (December 6). (b) The finance charge to appear on the December 6 billing, and (c) The account balance on December 6.1a.] Find the future value of a $4.il[i deposit in 'F years with an interest rate of 3.8% per year with simple interest 1b.] Find the future value of a $4D,l} deposit in i' years with an interest rate of III.\" 3.3% compounded quarterly. F T." = PT.\"r (1 + 3 1c.) Find the effective annual yield to the nearest hundredth of a percent fer an 1" ill. account with an interest rate [13.3% compounded monthly. E = [(1 + E) 1] :4 meet: 4.) Find the first month of the amortization schedule for a fixed-rate mortgage if the loan amount is $400,000 with an interest rate of 7.5% on a 30-year loan. All work must be shown. Terms of Mortgage [in years), : Annual rate, r 5 10 15 20 25 30 40 2.0% $ 17.52776 $ 9.20135 $ 6.43509 $ 5.05883 54.23854 53.69619 53.02826 2.5% $ 17.74736 $ 9.42699 $ 6.66789 $ 5.29903 $4.48617 $3.95121 $3.29778 3.0% $ 17.96869 $ 9.65607 $ 6.90582 $ 5.54598 54.7421 54.21604 $3.57984 3.5% $ 18.19174 $ 9.88859 $ 7.14883 $ 5.79960 $5.00624 $4.49045 $3.87391 $ 18.41652 $10.12451 $ 7.39648 $ 6.05980 $5.27837 $4.77415 $4.17938 4.5% $ 18.64302 $10 36384 $ 7.61993 $ 6.32649 $5.55832 $5.06685 34.49560 $ 18 87123 $10 60685 $ 7.90794 $ 6.59956 $5.84590 $5.06822 $4.82197 5.5% $ 19.10116 $10 65763 $ 8 17083 $ 6.87887 56.14083 55.67789 $5.15770 6.0% $ 19.33280 $11 10205 $ 8 43857 $ 7.16431 $6.44301 $5.99551 $5.50214 6.5% $ 19.56615 $11 3480 $ 8 71107 $ 7.45573 $6.75207 $6.02068 $5.85457 7.0% $ 19.80120 $11 61085 $ 890838 $ 7.75290 $7/06379 56.6530 56.21431 7.5%% $ 20.03795 $11 87018 $ 9.27012 $ 8.05593 $7.38991 $6.99215 $6.58071 8.0% $ 20.27639 $12 13276 $ 9.55652 $ 8.36440 $7.71816 $7.33765 $6.95312 8.5%% $ 20.51653 $12 39857 $ 9.84740 $ 8.67823 $8.05227 $7.68913 $7.33094 9.0% $ 20.75836 $12 66758 $10.14263 $ 8.99726 $8.39196 $8.04623 $7.71361 9.5% $ 21.00186 $12 93976 $10.44225 $ 9.32131 $8.40854 $8.10063 10.0% $ 21.24704 $13 21507 $10.74605 $ 9.65022 $9/08701 $8.77572 58.49146 10.5% $ 21.49390 513 49350 $11.05399 $ 9.98380 59.44182 59.14739 58.88570 11.0% $ 21,34242 $13.77500 $11.36597 $10 32185 59.80118 59.52320 59.28294 (a ) Total payment: (use the table above or the payment formula) [b) Interest payment: (c) Principal payment (d) Balance of principal (e) If the borrower pays an additional $20,000 towards principal along with the first month's monthly payment, what is the new principal? How much interest will they pay in the second month

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