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please sove all the qustion for me thanks Suppose you want to buy a 5140,000 home. You found a bank that offers a 30-year loan

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Suppose you want to buy a 5140,000 home. You found a bank that offers a 30-year loan at 7.1\% APR. What will be your monthly payment? (Round to the nearest cent.) How much would you end up paying the bank for the home after 30 years? (Round to the nearest cent.) Suppose you wanted to reduce the time of your loan to 25 years. What would be your new monthly payment? (Round to the nearest cent.) How much would you end up paying the bank for the home after 25 years? (Round to the nearest cent.) How much did you save by reducing the time of your mortgage loan? (Round to the nearest cent.) You want to buy a $238,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is 5% ? c) What will your monthly payments be if the interest rate is 6% ? A state lotto has a prize that pays $1,400 each week for 35 years. Find the total value of the prize: 5 If the state can earn 9% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments? You want to be able to withdraw $50,000 each year for 20 years. Your account earns 6% interest. a) How much do you need in your account at the beginning? b) How much total money will you pull out of the account? c) How much of that money is interest? Question Help: Video 1 Video 2 Suppose you want to have $300,000 for retirement in 25 years. Your account earns 7% interest. a) How much would you need to deposit in the account each month? b) How much interest will you earn? Question Help: Video

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