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PLEASE PLEASE ANSWER IT NOW I HAVE ALREADY ANSWERED THE OTHER, PLEASE CONTINUE THIS IS TWO QUESTIONS ONLY. THANK YOU SO MUCH!!! For full marks
PLEASE PLEASE ANSWER IT NOW I HAVE ALREADY ANSWERED THE OTHER, PLEASE CONTINUE THIS IS TWO QUESTIONS ONLY. THANK YOU SO MUCH!!!
For full marks your answer(s) should be rounded to the nearest cent. a) How much is the monthly pavment? b) How much of the 6th payment comes from the annuity's principal? c) How much of the 31st payment comes from interest? d) How much of the payments in the fourth year will come from the annuity's principal? e) How much of the payments in the first year will come from interest on the annuity? Three years ago Wynn and Charla purchased a home and got a $798,229 mortgage with a 25 -year amortization at 8.25% interest compounded semi-annually and biweekly payments. The term of the mortgage is now over, and they are renewing on the same amortization timeline for a four-year term at 6.25% interest compounded semi-annually and weekly payments. For full marks your answer should be rounded to the nearest cent. a) What is the balance remaining after the first term? b) How much are the new payments for the second term
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