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pleaseee answer all (Related to Checkpoint 6.1) (Loan amortization) On December 31, Beth Klemkosky bought a yacht for $100,000. She paid $14,000 down and agreed

pleaseee answer all
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(Related to Checkpoint 6.1) (Loan amortization) On December 31, Beth Klemkosky bought a yacht for $100,000. She paid $14,000 down and agreed to pay the balance in 6 equal annual installments that include both the principal and 15 percent interest on the declining balance. How big will the annual payments be? a. On December 31, Beth Klemkosky bought a yacht for $100,000 and paid $14,000 down, how much does she need to borrow to purchase the yacht? (Round to the nearest dollar.) b. If Beth agrees to pay the loan plus 15 percent compound interest on the unpaid balance over the next 6 years in 6 equal end-of-year payments, what will those equal payments be? (Round to the nearest cent.) (Components of annuity payments) You've just taken on a 24-year, $170,000 mortgage with a quoted interest rate of 6 percent calling for payments semiannually. How much of your first year's loan payments (the initial two payments, with the first coming after 6 months have passed, and the second one coming at the end of the first year) goes toward paying interest, rather than principal? a. What is the semiannual payment of your loan? \$ (Round to the nearest cent.) (Present value of an annuity due) Determine the present value of an annuity due of $1,000 per year for 10 years discounted back to the present at an annual rate of 10 percent. What would be the present value of this annuity due if it were discounted at an annual rate of 15 percent? a. If the annual discount rate is 10 percent, the present value of the annuity due is $ (Round to the nearest cent.)

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