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Question 1 A . You have accumulated $ 1 0 9 2 . 1 7 in credit card debt. Your interest rate is 1 2

Question 1
A. You have accumulated $1092.17 in credit card debt. Your interest rate is 12.29% per year and you will pay it off in 55 months. what will be your monthly payment?
B. You want to purchase a car that costs $33758. You can afford $1248 as a down payment and will borrow the rest. The bank has offered you a rate of 4.36% on a 4-year loan. What is your monthly payment?
C. You will invest $119 per month. If the rate is 7,92%, how much will you have in 14 years?
D. You will invest $200 per year. If the rate is 8.79%, how much will you have in 18 years?
E. You would like to have $27851 in 19 years.. If the rate is 8.80%, how much do you have to invest each year?
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