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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
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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
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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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