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question 5 and 6 cun thn investing in the savings account earning Ipe Har- 6-s. (Calculating annuity payments) (Related to Checkpoint 6.1 on page 196)

image text in transcribedquestion 5 and 6
cun thn investing in the savings account earning Ipe Har- 6-s. (Calculating annuity payments) (Related to Checkpoint 6.1 on page 196) James toj rison bought a house for 180,000. He paid 20,000 upfront from his saving a mortgage to pay the rest for 25 years. The mortgage was to be paid i installments that included both principal and interest. This mortgage cha compound interest on unpaid balance. What will his annual installments and 5 equal annul be? for Es u s 6-6. (Calculating annuity payments) Donna Langley bought a new luxur She made a down payment of 5,000 and agreed to pay the rest over the nextou in eight equal annual payments that include both principal and 12 percent comp interest on unpaid balance. What will these equal payments be? ry car for E50.000

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