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Problem 3 You have until 9:11 PM to complete this assignment. Intro Find the present values of these annuities due. Part 1 Attempt 1/3 for
Problem 3 You have until 9:11 PM to complete this assignment. Intro Find the present values of these annuities due. Part 1 Attempt 1/3 for 10 pts. What is the present value of $9,000 per quarter for 6 years with an annual interest rate of 4.8% (APR with quarterly compounding)? 0+ decimals Submit Intro You just took out a 15-year traditional fixed-rate mortgage for $100,000 to buy a house. The interest rate is 9.6% (APR) and you have to make payments monthly. | Attempt 1/3 for 10 pts. Part 1 What is your monthly payment? 1050.27 Move on Part 2 | Attempt 1/3 for 10 pts. How much of your first monthly payment goes towards paying down the outstanding balance (in $)? 0+ decimals Submit Part 3 Attempt 1/3 for 10 pts. How much is the outstanding balance (in $) after the first monthly payment? 0+ decimals Submit
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