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Please show formula with answer. Interest Rate. At what interest rate will it take to grow a. $800to a value of 1,017.13 over 6 years?
Please show formula with answer.
Interest Rate. At what interest rate will it take to grow |
a. $800to a value of 1,017.13 over 6 years? |
b. $600 to a value of 1,082.08 over 5 years? |
c. $401 to a value of 1,311.16 over 6 years? |
Mortgages (Hint: P/Y=12). | ||||
What was the initial mortgage on the house? | ||||
a. $4,369.66 per month for 30 years at 8 percent interest? | ||||
b. $1,626.83 per month for 15 years at 4 percent interest? | ||||
c. $3,724.21 per month for 30 years at 18 percent interest?
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