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QUESTION 3 What would my calculated monthly payment be on a loan of $75,000, an interest rate of 4.5% over 72 months? A. $841.98 B.

QUESTION 3

  1. What would my calculated monthly payment be on a loan of $75,000, an interest rate of 4.5% over 72 months?

    A.

    $841.98

    B.

    $592.53

    C.

    $1,190.55

    D.

    $1,924.71

10 points

QUESTION 4

  1. If I commit $5,000 per year to an investment that will return 7.5% over 20 years, what will the future value of the investment be?

    A.

    $126,498.42

    B.

    $593,557.02

    C.

    $1,390,623.75

    D.

    $216,523.41

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