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QUESTION 1 4 You want to buy a shop for $ 2 0 0 , 0 0 0 . Seller financing at a 6 .

QUESTION 14
You want to buy a shop for $200,000. Seller financing at a 6.0% annual rate for the four year loan but the loan requires 12 equal monthly payment each year for 4 years. And also, you need to make an additional balloon (final) payment of $50,000 which will be paid at the end of the last month. The equal monthly payments =?(hint: FV=50000)
$6,221.72
$5,887.90
$6,105.14
$5,621:26
QUESTION 15
You plan to invest
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